Indian Toners & Developers Ltd assigns new ISIN for share split
Indian Toners & Developers Ltd has assigned a new ISIN for its equity shares following a sub-division. The split converts each existing Rs 10 share into five Rs 2 shares, effective July 17, 2026. Confirmation was received from NSDL and CDSL.

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Indian Toners & Developers Ltd has assigned a new International Securities Identification Number (ISIN) for its equity shares following the sub-division of its share capital. The split converts each existing fully paid-up equity share with a face value of Rs 10 into five fully paid-up equity shares of Rs 2 each. The new ISIN, INE826B01026, will be effective from the record date of July 17, 2026.
The company received confirmation regarding the new ISIN from both depositories, National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL). Central Depository Services (India) Limited activated the ISIN in its system on July 9, 2026. The sub-division of shares will take effect under this new ISIN starting July 17, 2026.
Details of the Sub-Division
The corporate action modifies the face value of the company's equity shares to increase liquidity. The following table outlines the specific details of the new ISIN and the share structure:
| ISIN | Particulars |
|---|---|
| INE826B01026 | FULLY PAID-UP EQUITY SHARES WITH FACE VALUE Rs. 2/- AFTER SUB-DIVISION |
Vishesh Chaturvedi, Company Secretary & Compliance Officer, confirmed the development in a filing to BSE Limited. The record date of July 17, 2026, determines the eligibility of shareholders for the sub-divided shares.
Historical Stock Returns for Indian Toners & Developers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -8.73% | -8.91% | -8.65% | -8.65% | -8.65% | -8.65% |
How will the increased liquidity from the share split impact the trading volume and volatility of Indian Toners & Developers Ltd?
What strategic initiatives might the company pursue following the share sub-division to enhance shareholder value?
How are institutional investors likely to react to the reduced face value and new ISIN structure?


































