R M Drip and Sprinklers Systems Limited has informed the Exchange regarding 'Change in ISIN'.
RMDRIP · price
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R M Drip and Sprinklers Systems Limited has announced a sub-division (stock split) of its equity shares, reducing the face value from Rs. 10 per share to Re. 1 per share. As a result, the company's ISIN has been changed to INE219Y01026. The new ISIN and split shares will be effective for all trades from the ex-date of September 26, 2025. The company is listed on both NSE (symbol: RMDRIP) and BSE (scrip code: 544456).
Each existing share will be split into 10 shares of Re. 1 face value, increasing the total number of shares and potentially improving liquidity and affordability for retail investors. The stock price will adjust downward proportionally, with no change in the company's overall market capitalisation.