new ISIN intimation
Price
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Awaiting price reaction for this filing.
Rajasthan Tube Manufacturing Company has received a new ISIN (INE497E01020) from NSDL and CDSL after sub-dividing (splitting) its equity shares to a face value of Re. 1 each. The new ISIN will be effective from the record date of Thursday, May 8, 2025. The split was approved by shareholders at an Extraordinary General Meeting held on March 29, 2025. Shareholders who held shares under the old ISIN will automatically hold shares under the new ISIN, with the number of shares increased proportionally and the per-share price reduced accordingly.
Existing shareholders will hold more shares at a lower per-share price after May 8, 2025; total investment value remains unchanged, though the stock price typically adjusts downward on a proportionate basis.