BSE assigns new ISIN to IB Infotech Enterprises following share sub-division
Trading members must update systems to reflect the new ISIN for IB Infotech Enterprises starting May 26, 2026.
What changed
- IB Infotech Enterprises (519463) has been assigned a new ISIN: INE678B01039.
- The change follows a share sub-division from a face value of ₹10 to ₹1 per share.
- The new ISIN becomes effective for all trades executed on or after the ex-date.
The read
BSE has issued a technical update for IB Infotech Enterprises (519463) following its recent decision to split shares from a face value of ₹10 down to ₹1. The exchange has assigned a new ISIN, INE678B01039, which becomes mandatory for all market participants effective 26 May 2026. While this is a standard administrative procedure following a corporate action, trading members must ensure their back-office systems are updated immediately to prevent potential settlement errors. This change is purely structural and does not alter the underlying economic value of the holdings. Investors should simply note that the old ISIN will cease to be valid for any trading activity from the ex-date onwards. The update is a routine housekeeping measure for the exchange.
Primary source: official circular (PDF)