Description

ISIN code change for Websol Energy System Limited equity shares due to sub-division of face value from Rs. 10/- to Re. 1/- effective November 14, 2025.

Summary

The National Stock Exchange has announced a change in the ISIN code for equity shares of Websol Energy System Limited (symbol: WEBELSOLAR). The new ISIN INE855C01023 will be effective from November 14, 2025, following a sub-division of shares from face value Rs. 10/- to Re. 1/-. The new ISIN will apply to all trades executed on or after the ex-date.

Key Points

  • Company: Websol Energy System Limited
  • Trading Symbol: WEBELSOLAR
  • New ISIN: INE855C01023
  • Reason: Sub-division of face value from Rs. 10/- to Re. 1/- (1:10 split)
  • Effective Date: November 14, 2025 (ex-date)
  • The new ISIN applies to all trades from the ex-date onwards

Regulatory Changes

No regulatory framework changes. This is a standard ISIN update procedure following a corporate action (share sub-division).

Compliance Requirements

  • Exchange members must update their systems to reflect the new ISIN code INE855C01023 for WEBELSOLAR
  • All trading and settlement systems must recognize the new ISIN effective November 14, 2025
  • Members must ensure proper identification of the security using the new ISIN for all transactions on or after the ex-date

Important Dates

  • Circular Date: November 12, 2025
  • Ex-Date: November 14, 2025 (new ISIN becomes effective)

Impact Assessment

This is a routine administrative change resulting from a share sub-division (stock split). The face value reduction from Rs. 10 to Re. 1 represents a 1:10 split, making shares more affordable and potentially improving liquidity. Market participants must update their systems and records to use the new ISIN for all transactions from the ex-date. The change affects trading systems, depository records, and portfolio management systems that track securities by ISIN.

Impact Justification

Corporate action affecting ISIN code due to share sub-division; impacts trading identification but is routine administrative change for stock split.