RM Drip & Sprinklers System Limited, a company listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), has announced a significant corporate action that will affect its shareholders. The company has declared a stock split, which will subdivide its shares and result in a change of its International Securities Identification Number (ISIN).

Stock Split Details

The company has decided to split its shares in a 10:1 ratio, reducing the face value of each share from Rs. 10.00 to Re. 1.00. This move is typically aimed at increasing the liquidity of the stock and making it more accessible to a broader range of investors.

ISIN Change

As a result of the stock split, RM Drip & Sprinklers System Limited's ISIN will be changed. The new ISIN allocated to the company is INE219Y01026, replacing the previous ISIN INE219Y01018.

Effective Date

The new ISIN will come into effect for all trades from September 26, 2025. This date marks the ex-date for the stock split, meaning that shares purchased on or after this date will reflect the new face value and adjusted price.

Trading Information

Investors and traders should note the following details:

These trading symbols will remain unchanged despite the stock split and ISIN modification.

Corporate Communication

In compliance with regulatory requirements, RM Drip & Sprinklers System Limited has formally notified both the National Stock Exchange and BSE Limited about this corporate action. The company's Managing Director, Nivrutti Pandurang Kedar, signed the official communication dated September 23, 2025, detailing the changes.

Shareholders and potential investors are advised to take note of this stock split and the corresponding ISIN change. It's important to remember that while a stock split increases the number of shares, it does not inherently change the overall value of one's holdings or the company's market capitalization.

Investors should consult with their financial advisors to understand the implications of this corporate action on their investment portfolios and any necessary adjustments to their records or trading strategies.

RM Drip & Sprinklers System Limited, a company listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), has announced a significant corporate action that will impact its shareholders. The company has set Friday, 26th September 2025, as the record date for its approved equity share sub-division or split.

Key Details of the Share Split

• Record Date: Friday, 26th September 2025
• Purpose: To determine shareholder eligibility for the sub-division of equity shares
• ISIN: INE219Y01018

Background and Approval Process

The decision to split the company's equity shares followed a structured corporate governance process:

1. Initial approval by the Board of Directors
2. Subsequent approval by shareholders at the Annual General Meeting (AGM)
3. Official intimation to stock exchanges as per regulatory requirements

Annual General Meeting Highlights

The 21st Annual General Meeting of RM Drip & Sprinklers System Limited, where the share split was approved, took place on Monday, 21st September 2025. The meeting was conducted virtually through Video Conference (VC) and Other Audio-Visual Means (OAVM).

Key points from the AGM:

• Date and Time: Monday, 21st September 2025 at 12:00 PM (IST)
• Attendance: 40 shareholders participated (3 from Promoter/Promoter Group and 37 from the Public)
• Chairman: Mr. Nivrutti Pandurang Kedar presided over the proceedings

Management and Governance

The company's leadership, as presented during the AGM, includes:

Implications for Investors

The share split is a significant event for the company's shareholders. While the exact terms of the split have not been disclosed in the provided information, such corporate actions typically aim to increase the liquidity of the stock and make it more accessible to a broader range of investors.

Shareholders of RM Drip & Sprinklers System Limited should take note of the record date and expect further communications from the company regarding the specifics of the share split and any actions they may need to take.

Investors are advised to consult with their financial advisors to understand the implications of this corporate action on their individual investment portfolios.