Description
NSE announces listing of additional equity shares for Tapi Fruit Processing Limited (ESOP allotment) and Canarys Automations Limited (warrant conversion) effective August 14, 2025.
Summary
NSE has announced the listing of additional equity shares for two companies on the SME EMERGE platform effective August 14, 2025. Tapi Fruit Processing Limited will list 27,500 equity shares allotted under ESOP, while Canarys Automations Limited will list 1,012,193 equity shares pursuant to warrant conversion on preferential basis.
Key Points
- Tapi Fruit Processing Limited: 27,500 equity shares of Rs. 10/- each allotted under ESOP
- Canarys Automations Limited: 1,012,193 equity shares of Rs. 2/- each from warrant conversion
- Both listings effective from August 14, 2025
- Securities to be traded on NSE Capital Market segment - SME EMERGE
- Specific lot sizes and security codes assigned for trading
Regulatory Changes
No new regulatory changes introduced. Standard listing procedures under existing NSE Capital Market Trading Regulations Part A applied.
Compliance Requirements
- Securities identified by designated codes for trading purposes
- Trading permitted only in specified lot sizes
- Lock-in periods applicable as per SEBI regulations
- Dematerialized shares credited under temporary ISIN pending permanent activation
Important Dates
- Effective Date: August 14, 2025
- Tapi Fruit Processing ESOP Allotment: August 4, 2025
- Tapi Fruit Processing Lock-in Expiry: August 3, 2026
- Canarys Automations Allotment: March 13, 2025
- Canarys Automations Lock-in Expiry: Various dates from February 28, 2026 to February 28, 2027
Impact Assessment
Minimal market impact expected as this involves routine listing of additional shares for existing SME companies. The ESOP allotment for Tapi Fruit Processing provides employee incentivization, while warrant conversion for Canarys Automations represents capital structure optimization. Lock-in periods ensure orderly market participation.
Impact Justification
Routine listing of additional shares with limited market impact