Vesuvius India Limited has informed the Exchange regarding 'New ISIN of Equity Shares of the Company'.
VESUVIUS · price
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Vesuvius India Limited has informed the exchanges about a new ISIN (INE386A01023) assigned to its sub-divided equity shares. The company is splitting each equity share of face value Rs. 10 into 10 equity shares of Re. 1 each, with the record date set for June 10, 2025. The new ISIN has been activated in both CDSL (on May 28, 2025) and NSDL (on June 2, 2025) systems. This is a 1:10 stock sub-division, meaning every existing share will become 10 shares of one-tenth the face value. The total share count will increase 10-fold while the total market value of each holding stays the same.
Post the effective date, the share price on the exchanges will technically adjust to roughly one-tenth of its pre-split level, making the stock more affordable and potentially boosting liquidity and retail participation. Existing shareholders will hold 10 times more shares, with no change in the total value of their investment.