Description

BSE announces the addition of Excelsoft Technologies Limited to BSE IPO Index and Gallard Steel Limited to BSE SME IPO Index following their listings.

Summary

BSE announces the addition of two newly listed companies to their respective indices. Excelsoft Technologies Limited (Exchange ticker 544617) will be added to the BSE IPO Index effective November 28, 2025, following its listing on November 26, 2025. Gallard Steel Limited (Exchange ticker 544616) will be added to the BSE SME IPO Index effective November 27, 2025, following its listing on the SME platform on November 26, 2025.

Key Points

  • Excelsoft Technologies Limited listed on BSE main board on November 26, 2025
  • Excelsoft Technologies (ticker 544617) to be added to BSE IPO Index from November 28, 2025
  • Gallard Steel Limited listed on BSE SME platform on November 26, 2025
  • Gallard Steel (ticker 544616) to be added to BSE SME IPO Index from November 27, 2025
  • Actions included in end-of-day corporate action file (*.SDE)
  • Queries can be directed to bseindex@bseindia.com

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

No specific compliance requirements for market participants. This is an informational notice about index composition changes.

Important Dates

  • November 26, 2025: Listing date for both Excelsoft Technologies Limited and Gallard Steel Limited
  • November 27, 2025: Gallard Steel Limited added to BSE SME IPO Index (effective at market open)
  • November 28, 2025: Excelsoft Technologies Limited added to BSE IPO Index (effective at market open)

Impact Assessment

This is a routine administrative action with minimal market impact. The addition of newly listed companies to their respective IPO indices is part of standard index maintenance procedures. Market participants tracking these indices should note the composition changes. The staggered addition dates (November 27 for SME and November 28 for main board) reflect the different processing timelines for the two platforms. No trading disruptions or special procedures are required.

Impact Justification

Routine index addition announcement following new IPO listings with no regulatory changes or compliance requirements