Description

BSE announces reconstitution of multiple indices effective February 03, 2026, adding ICICI Prudential Asset Management Company Limited, Meesho Ltd., Knowledge Realty Trust, and Anantam Highways Trust to various indices.

Summary

BSE Index Services Private Ltd announces reconstitution of multiple BSE indices effective February 03, 2026. The changes include addition of ICICI Prudential Asset Management Company Limited (Exchange Ticker: 544658) to BSE Allcap, BSE LargeCap, BSE LargeMidCap, and BSE Financial Services indices. Meesho Ltd. (Exchange Ticker: 544632) will be added to BSE Allcap, BSE LargeCap, BSE LargeMidCap, and BSE Consumer Discretionary indices. Additionally, Knowledge Realty Trust (544481) and Anantam Highways Trust (544579) will be added to BSE REITs and InvITs Index. No deletions are announced. These changes follow methodology notices 20251029-21 and 20260113-33.

Key Points

  • ICICI Prudential Asset Management Company Limited (544658) added to four indices: BSE Allcap, BSE LargeCap, BSE LargeMidCap, and BSE Financial Services
  • Meesho Ltd. (544632) added to four indices: BSE Allcap, BSE LargeCap, BSE LargeMidCap, and BSE Consumer Discretionary
  • Knowledge Realty Trust (544481) and Anantam Highways Trust (544579) added to BSE REITs and InvITs Index
  • No securities are being dropped from any index
  • Changes based on methodology notices 20251029-21 and 20260113-33
  • Actions included in end-of-day corporate action file (*.SDE)
  • SDE file for BSE REITs and InvITs Index will include newly added constituents from January 27, 2026 onwards

Regulatory Changes

No regulatory changes. This is a routine index reconstitution following established methodology changes previously announced.

Compliance Requirements

  • Index fund managers and ETF providers tracking affected indices must rebalance portfolios to reflect new constituents
  • Market participants should note the inclusion of new securities in index calculations
  • For queries, contact bseindex@bseindia.com

Important Dates

  • Notice Date: January 19, 2026
  • Effective Date: February 03, 2026 (at market open, Tuesday)
  • SDE File Update for REITs/InvITs Index: January 27, 2026 onwards

Impact Assessment

Market Impact: Index reconstitution typically triggers rebalancing activity from passive funds and ETFs tracking these indices. The addition of ICICI Prudential AMC and Meesho to large-cap indices may result in increased trading volumes and buying pressure for these securities as index funds adjust their holdings.

Operational Impact: Fund managers tracking BSE Allcap, LargeCap, LargeMidCap, Financial Services, Consumer Discretionary, and REITs/InvITs indices must execute portfolio rebalancing by the effective date. The absence of deletions simplifies the transition.

Investor Impact: Investors in index-linked products will gain exposure to the newly added constituents, reflecting the evolving composition of the Indian equity market and real estate investment sector.

Impact Justification

Index reconstitution affects passive fund rebalancing and index-tracking strategies. Addition of new listings to major indices creates moderate trading activity but follows standard methodology changes.