Description

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

Summary

BSE has approved the listing of 50,421 new equity shares of Havells India Ltd (Scrip Code: 517354) allotted under two Employee Stock Purchase Schemes. The shares will be available for trading from November 25, 2025. All shares are subject to a 12-month lock-in period from the date of credit to employee demat accounts.

Key Points

  • Total New Shares Listed: 50,421 equity shares of Re. 1/- each, fully paid up
  • Havells ESPS 2022: 48,947 shares (Dist. Nos. 627206422 to 627255368)
  • Havells ESPS 2016: 1,474 shares (Dist. Nos. 627255369 to 627256842)
  • Allotment Date: October 16, 2025
  • Trading Start Date: November 25, 2025
  • ISIN: INE176B01034
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification.

Compliance Requirements

  • Trading members are informed to enable trading of these securities from November 25, 2025
  • All allotted shares are subject to mandatory lock-in restrictions
  • Shares cannot be traded for a minimum period of 12 months from the date of credit into employee demat accounts

Important Dates

  • Allotment Date: October 16, 2025
  • Listing Date: November 25, 2025
  • Lock-in Period: 12 months from date of credit to demat accounts
  • Lock-in Expiry: Approximately October 16, 2026 (for shares credited on allotment date)

Impact Assessment

Market Impact: Minimal. The 50,421 new shares represent a negligible addition to Havells India’s total equity capital. With a 12-month lock-in period, these shares will not immediately affect market liquidity or trading volumes.

Shareholder Impact: Minor dilution effect, likely less than 0.01% of total equity capital. Shares rank pari-passu with existing equity, ensuring equal rights for all shareholders.

Operational Impact: None for trading members beyond routine system updates to reflect the new share count and distinction numbers.

Impact Justification

Routine listing of small number of shares (50,421) under ESPS schemes with 12-month lock-in; minimal impact on overall share capital and trading.