Description

NSE informs members that the ISIN code for R&B Denims Limited equity shares will change to INE012Q01039 effective April 02, 2026, due to a sub-division of face value from Rs. 2/- to Re. 1/-.

Summary

NSE has notified all trading members that the ISIN code for the equity shares of R&B Denims Limited (Symbol: RNBDENIMS) will change effective April 02, 2026. The change is consequent to a sub-division of the face value of equity shares from Rs. 2/- per share to Re. 1/- per share.

Key Points

  • The existing ISIN for R&B Denims Limited will be replaced with the new ISIN INE012Q01039.
  • The ISIN change is effective from the Ex-date: April 02, 2026.
  • The new ISIN will apply to all trades executed on and from the Ex-date.
  • The change is triggered by a sub-division of face value from Rs. 2/- to Re. 1/-.

Regulatory Changes

The ISIN reassignment is a standard procedural change mandated by NSE’s Listing Department to reflect the corporate action (stock sub-division) undertaken by R&B Denims Limited. Post sub-division, the equity shares carry a new ISIN as per depository and exchange norms.

Compliance Requirements

  • All trading members must update their back-office and trading systems to reflect the new ISIN INE012Q01039 for R&B Denims Limited (RNBDENIMS) with effect from April 02, 2026.
  • Members must ensure settlements, position records, and client holdings are mapped to the new ISIN from the Ex-date.
  • Any references to the old ISIN in member systems must be updated prior to April 02, 2026.

Important Dates

  • Circular Date: March 30, 2026
  • Ex-date / Effective Date for New ISIN: April 02, 2026

Impact Assessment

The ISIN change directly impacts trading members, custodians, depositories, and investors holding R&B Denims Limited shares. Back-office systems, settlement systems, and portfolio management tools must be updated before the Ex-date to avoid settlement failures or mismatches. The sub-division from Rs. 2/- to Re. 1/- face value will double the number of shares in circulation, affecting price per share and lot sizes. Investors should verify that their demat accounts reflect the updated ISIN post the corporate action.

Impact Justification

ISIN change due to stock sub-division affects all trading members and systems referencing the old ISIN; operationally significant for back-office systems but limited broader market impact.