Description

BSE announces the listing of 2,657,518 units of Aditya Birla Sun Life BSE Top 10 Banks ETF (Scrip Code: 544719) under Group B, effective March 4, 2026, tracking the BSE Top 10 Banks Total Return Index.

Summary

BSE has announced the listing and admission to dealings of units of Aditya Birla Sun Life BSE Top 10 Banks ETF, an open-ended exchange traded fund tracking the BSE Top 10 Banks Total Return Index. Trading commences on Wednesday, March 4, 2026, under Group B.

Key Points

  • Scrip Code: 544719 | Scrip ID / Abbreviated Name: ABSL10BANK
  • Number of Units Listed: 2,657,518 units
  • Face Value: Rs. 10.00 per unit
  • Issue Price: Rs. 182.46 per unit
  • Date of Allotment: February 26, 2026
  • ISIN: INF209KC1670
  • Market Lot: 1 unit
  • Group: B
  • Units will only be traded in dematerialized form as per SEBI guidelines dated February 16, 2000
  • Trades will be in unit market lot (one unit)

Regulatory Changes

No new regulatory changes introduced. Listing is in compliance with existing SEBI guidelines (dated February 16, 2000) requiring mutual fund units to be traded exclusively in dematerialized form.

Compliance Requirements

  • Trading members must note that units are to be traded in demat form only
  • Trades must be in unit market lots (minimum 1 unit)
  • Members requiring clarification may contact BSE Listing Compliance (Mr. Parag Jain, Tel: 022-2272-8685, Email: direct.listing@bseindia.com) or the AMC

Important Dates

  • Date of Allotment: February 26, 2026
  • Effective Date of Listing / Trading Commencement: March 4, 2026 (Wednesday)
  • Notice Date: March 2, 2026

Impact Assessment

This is a routine listing notice with low broad market impact. The ETF provides investors with exposure to the top 10 banks in India via the BSE Top 10 Banks Total Return Index. The listing expands the ETF product offerings from Aditya Birla Sun Life AMC on BSE. Registrar and Transfer Agent is Computer Age Management Services Limited (CAMS), Chennai. No disruption to existing trading operations is expected.

Impact Justification

Routine ETF listing notice for a new mutual fund scheme with limited broad market impact; relevant primarily to investors interested in this specific ETF tracking top 10 banks.