Description

ISIN code for Rolex Rings Limited equity shares will change to INE645S01024 effective October 17, 2025 due to sub-division of shares from Rs. 10/- to Re. 1/-.

Summary

NSE has announced a change in the ISIN code for equity shares of Rolex Rings Limited (Symbol: ROLEXRINGS) effective October 17, 2025. The new ISIN INE645S01024 will be applicable following the sub-division of equity shares from face value of Rs. 10/- per share to Re. 1/- per share. The new ISIN will be effective for all trades executed on and from the ex-date of October 17, 2025.

Key Points

  • Company: Rolex Rings Limited (ROLEXRINGS)
  • New ISIN: INE645S01024
  • Reason: Sub-division of equity shares from Rs. 10/- to Re. 1/- face value
  • Effective Date: October 17, 2025 (Ex-date)
  • The new ISIN applies to all trades from the ex-date onwards
  • Circular Reference: NSE/CML/70813, Circular Ref. No: 2017/2025

Regulatory Changes

No regulatory framework changes. This is a notification of a corporate action (share sub-division) requiring an ISIN change to reflect the new face value of equity shares.

Compliance Requirements

  • Exchange members must ensure trading systems are updated with the new ISIN code INE645S01024 for Rolex Rings Limited
  • All trades executed on or after October 17, 2025 must use the new ISIN
  • Members should update their internal systems and databases to reflect the ISIN change
  • Clients and investors should be informed about the ISIN change for settlement and depository purposes

Important Dates

  • October 14, 2025: Circular issue date
  • October 17, 2025: Ex-date - New ISIN becomes effective for all trades

Impact Assessment

Market Impact: Medium - The share sub-division from Rs. 10 to Re. 1 (10:1 split) will increase the number of shares outstanding by 10 times while reducing the per-share price proportionately. This typically improves liquidity and makes shares more accessible to retail investors.

Operational Impact: Medium - Trading members must update their systems to accommodate the new ISIN code. Existing shareholders will see their holdings adjusted in depository accounts to reflect the increased number of shares at reduced face value.

Trading Impact: The change is effective from ex-date October 17, 2025, giving market participants adequate time to prepare. All post-split trades will settle using the new ISIN, ensuring clean separation between pre-split and post-split securities.

Impact Justification

ISIN change due to share sub-division from Rs. 10 to Re. 1 affects trading and settlement but is a routine corporate action with clear effective date.