Description

Listing of 50,421 equity shares of Havells India Ltd issued 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) issued under two Employee Stock Purchase Schemes. The shares will commence trading from November 25, 2025, with a mandatory 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
  • 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
  • Date of allotment: October 16, 2025
  • Trading commencement: November 25, 2025
  • ISIN: INE176B01034

Regulatory Changes

No regulatory changes. This is a routine listing notification for ESOP allotment.

Compliance Requirements

  • Trading members are informed of the new securities listing
  • All shares subject to mandatory 12-month lock-in period from credit date to employee demat accounts
  • Shares cannot be traded during lock-in period

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

Impact Assessment

Market Impact: Minimal. The 50,421 shares represent a negligible percentage of Havells India’s total equity base. The 12-month lock-in period further minimizes any immediate supply impact on the market.

Operational Impact: Routine corporate action with no operational changes for trading members beyond awareness of the additional shares in circulation.

Security Details

Havells Employees Stock Purchase Scheme 2022

  • Shares: 48,947 equity shares of Re. 1/- each
  • Distinctive Numbers: 627206422 to 627255368
  • Lock-in: 12 months from demat credit date

Havells Employees Stock Purchase Scheme 2016

  • Shares: 1,474 equity shares of Re. 1/- each
  • Distinctive Numbers: 627255369 to 627256842
  • Lock-in: 12 months from demat credit date

Impact Justification

Routine ESOP listing with minimal market impact due to small number of shares (50,421) and 12-month lock-in period