Globe International Carriers Limited has informed the Exchange regarding ': Intimation regarding change in ISIN pursuant to Sub-Division of Equity Shares'.
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Globe International Carriers Limited has informed the exchange about a change in its ISIN following a sub-division of equity shares. Whenever a company splits its shares, the ISIN (International Securities Identification Number) must be updated to reflect the new share structure. The new ISIN will be allotted once the sub-division becomes effective and shares are credited to demat accounts.
This is an administrative update confirming a stock split. Shareholders will hold more shares at a proportionally lower price per share, with no change in total investment value. Existing trades under the old ISIN will not be valid after the record date.