Description

BSE lists 50,421 new equity shares of Havells India Ltd issued under Employee Stock Purchase Schemes 2022 and 2016, effective November 25, 2025.

Summary

BSE has listed 50,421 new equity shares of Havells India Ltd (Scrip Code: 517354) issued under two Employee Stock Purchase Schemes. The shares comprise 48,947 shares from ESPS 2022 and 1,474 shares from ESPS 2016, allotted on October 16, 2025. Trading will commence on November 25, 2025, with all shares subject to a 12-month lock-in period from the date of credit to employee demat accounts.

Key Points

  • Total 50,421 equity shares of Re.1/- each fully paid up listed
  • 48,947 shares issued under Havells Employees Stock Purchase Scheme 2022
  • 1,474 shares issued under Havells Employees Stock Purchase Scheme 2016
  • All shares rank pari-passu with existing equity shares
  • ISIN: INE176B01034
  • Date of allotment: October 16, 2025
  • Trading effective date: November 25, 2025

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members are informed to enable trading in these securities from November 25, 2025
  • Lock-in restrictions must be enforced for the specified shares

Important Dates

  • Date of Allotment: October 16, 2025
  • Trading Commencement: November 25, 2025
  • Lock-in Period: 12 months from date of credit into employee demat accounts

Lock-in Details

ESPS 2022

  • Shares: 48,947
  • Dist. Nos.: 627206422 to 627255368
  • Lock-in: Minimum 12 months from credit date

ESPS 2016

  • Shares: 1,474
  • Dist. Nos.: 627255369 to 627256842
  • Lock-in: Minimum 12 months from credit date

Impact Assessment

Minimal market impact expected. The listing involves a small number of shares (50,421) relative to Havells India’s total outstanding equity, issued under employee benefit schemes. The 12-month lock-in period prevents immediate trading by employees, further limiting any potential price impact. This is a routine corporate action with no implications for broader market operations or trading strategies.

Impact Justification

Routine listing of employee shares under ESPS with minimal market impact due to small quantity and 12-month lock-in period