Description
NSE announces a change in ISIN for Silver Touch Technologies Limited (SILVERTUC) from the existing code to INE625X01026, effective March 6, 2026, due to a sub-division of shares from Rs. 10/- to Rs. 2/-.
Summary
NSE has notified all exchange members of a change in ISIN for Silver Touch Technologies Limited (Symbol: SILVERTUC). The change is triggered by a sub-division of equity shares from a face value of Rs. 10/- to Rs. 2/- per share. The new ISIN, INE625X01026, becomes effective from March 6, 2026 (Ex-date).
Key Points
- ISIN for Silver Touch Technologies Limited (SILVERTUC) is being changed to INE625X01026.
- The change is due to a share sub-division from Rs. 10/- face value to Rs. 2/- face value.
- The new ISIN is effective for all trades on and from the Ex-date of March 6, 2026.
- Circular reference: NSE/CML/73036, Circular Ref. No. 0341/2026, issued by the Listing Department.
Regulatory Changes
The ISIN code for SILVERTUC equity shares is being updated as a direct result of a corporate action (sub-division). Members must update their systems to reflect the new ISIN INE625X01026 for all settlement and trading activity from the ex-date onward.
Compliance Requirements
- All exchange members must update their internal systems, trading platforms, and records to use the new ISIN INE625X01026 for Silver Touch Technologies Limited with effect from March 6, 2026.
- Any trades, settlements, or references to SILVERTUC equity shares on or after the ex-date must use the new ISIN.
Important Dates
- Circular Date: February 27, 2026
- Ex-date / Effective Date: March 6, 2026 — New ISIN INE625X01026 becomes applicable for all trades.
Impact Assessment
This is a standard corporate action-driven ISIN change resulting from a share sub-division. The number of shares held by investors will increase proportionally (5x, given the face value ratio of 10:2), while the per-share price adjusts accordingly. Members and market participants must ensure their systems, back-office processes, and client records are updated before the ex-date to avoid settlement discrepancies. The impact is moderate, primarily operational, affecting brokers, depositories, and institutional investors holding SILVERTUC shares.
Impact Justification
Affects existing holders and traders of SILVERTUC as the ISIN changes due to a share sub-division; requires system updates by members but is a routine corporate action with a defined effective date.