Description
ISIN code change for Sigma Solve Limited equity shares effective October 06, 2025 due to share sub-division from Rs. 10/- to Re. 1/-.
Summary
National Stock Exchange has announced a change in ISIN code for Sigma Solve Limited (SIGMA) effective October 06, 2025. The ISIN change is due to share sub-division from face value of Rs. 10/- to Re. 1/-. The new ISIN INE0A0S01028 will be effective for all trades executed on and from the ex-date.
Key Points
- Company: Sigma Solve Limited (Symbol: SIGMA)
- New ISIN: INE0A0S01028
- Reason: Share sub-division from Rs. 10/- to Re. 1/-
- Effective Date: October 06, 2025 (Ex-date)
- Circular Reference: NSE/CML/70595, Circular No. 1913/2025
Regulatory Changes
No regulatory framework changes. This is a corporate action involving share sub-division resulting in ISIN modification.
Compliance Requirements
- Exchange members must update their systems with the new ISIN code
- The new ISIN shall be used for all trades executed on or after October 06, 2025
- Trading and settlement systems must reflect the updated ISIN from the ex-date
Important Dates
- Circular Date: October 03, 2025
- Ex-Date (Effective Date): October 06, 2025
Impact Assessment
Medium impact on trading members and market infrastructure. Members must ensure timely system updates to accommodate the new ISIN code. The share sub-division will increase the number of shares outstanding by a factor of 10, potentially improving liquidity and making shares more affordable for retail investors. Trading systems, settlement processes, and reporting mechanisms must be updated to reflect the new ISIN from the ex-date.
Impact Justification
ISIN change due to share sub-division affects trading and settlement systems but is a standard corporate action with clear implementation date