Description

NSE announces change in ISIN code for A B Infrabuild Limited due to share sub-division from Rs. 10/- to Re. 1/- effective October 17, 2025.

Summary

The National Stock Exchange of India has announced a change in the ISIN code for equity shares of A B Infrabuild Limited (Symbol: ABINFRA) effective October 17, 2025. The change is necessitated by a share sub-division from Rs. 10/- per share to Re. 1/- per share. The new ISIN code INE00YB01025 will apply to all trades executed on or after the ex-date of October 17, 2025.

Key Points

  • Company: A B Infrabuild Limited
  • Symbol: ABINFRA
  • New ISIN: INE00YB01025
  • Reason: Share sub-division from Rs. 10/- to Re. 1/-
  • Effective date: October 17, 2025 (Ex-date)
  • Circular reference: NSE/CML/70835, Circular No. 2031/2025

Regulatory Changes

No regulatory framework changes. This is a standard corporate action involving share capital restructuring through sub-division.

Compliance Requirements

  • Exchange members must update their systems to reflect the new ISIN code INE00YB01025 for A B Infrabuild Limited
  • All trades executed on or after October 17, 2025 must use the new ISIN
  • Market participants should ensure proper mapping of the old ISIN to the new ISIN for continuity of records
  • Depository participants and custodians must update their records accordingly

Important Dates

  • Circular Date: October 15, 2025
  • Effective Date (Ex-date): October 17, 2025

Impact Assessment

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

Operational Impact: Medium - Exchange members, brokers, and market infrastructure institutions need to update their systems to accommodate the new ISIN. Trading and settlement systems must be configured to handle the new security identifier.

Shareholder Impact: Medium - Existing shareholders will receive 10 shares for every 1 share held. The total investment value remains unchanged, but the number of shares and per-share price will be adjusted proportionately.

Impact Justification

Routine corporate action involving ISIN change due to share sub-division. Impacts trading and settlement for ABINFRA shareholders and market participants.