Description
ISIN code change for Gokul Agro Resources Limited equity shares due to sub-division of face value from Rs. 2/- to Re. 1/- effective October 14, 2025.
Summary
National Stock Exchange has announced a change in ISIN code for Gokul Agro Resources Limited (GOKULAGRO) due to sub-division of equity shares. The face value is being split from Rs. 2/- per share to Re. 1/- per share. The new ISIN INE314T01033 will be effective for all trades executed on and from October 14, 2025.
Key Points
- Company: Gokul Agro Resources Limited
- Stock Symbol: GOKULAGRO
- New ISIN: INE314T01033
- Corporate Action: Face value sub-division from Rs. 2/- to Re. 1/-
- Ex-date: October 14, 2025
- New ISIN applies to all trades from ex-date onwards
Regulatory Changes
No regulatory changes. This is a standard corporate action requiring ISIN modification in the exchange systems.
Compliance Requirements
- Exchange members must update their systems with the new ISIN code
- All trades executed on or after October 14, 2025 must use the new ISIN INE314T01033
- Trading and settlement systems need to be updated before the ex-date
Important Dates
- Circular Date: October 06, 2025
- Ex-Date: October 14, 2025 (new ISIN becomes effective)
Impact Assessment
Operational Impact: Medium - Members need to update trading and back-office systems to reflect the new ISIN code. The face value split will double the number of shares outstanding while halving the price per share, maintaining the same market capitalization.
Market Impact: Low to Medium - Face value splits typically improve liquidity by making shares more affordable to retail investors. No impact on shareholder value as this is a proportionate adjustment.
Compliance Impact: Low - Standard corporate action with clear implementation date and straightforward system updates required.
Impact Justification
ISIN change affects trading and settlement systems but is a routine corporate action with clear implementation timeline