Description

NSE announces listing of 25,400 additional equity shares of Frog Cellsat Limited under ESPS with effect from August 29, 2025.

Summary

NSE has approved the listing of 25,400 additional equity shares of Frog Cellsat Limited (Symbol: FROG) on the SME EMERGE platform, effective August 29, 2025. These shares were allotted under the Employee Stock Purchase Scheme (ESPS) on August 6, 2025.

Key Points

  • 25,400 equity shares of Rs. 10/- each allotted under ESPS
  • Trading symbol: FROG on SME EMERGE platform
  • ISIN: INE385O01018 (Series: SM)
  • Market lot size: 400 shares
  • Distinctive number range: 15528901 to 15554300
  • Shares are pari passu with existing equity shares

Regulatory Changes

No regulatory changes introduced. This is a routine listing of additional shares under existing regulations.

Compliance Requirements

  • Trading members can identify securities by designated codes
  • Trading must be conducted in specified lot sizes of 400 shares
  • Shares currently credited under temporary ISIN as per SEBI guidelines

Important Dates

  • Allotment Date: August 6, 2025
  • Listing Effective Date: August 29, 2025
  • Lock-in Period Ends: August 5, 2026
  • Circular Effective Date: August 29, 2025

Impact Assessment

Minimal market impact expected as this is a routine listing of additional shares under ESPS for an existing SME company. The shares have a one-year lock-in period, limiting immediate trading volume. This represents normal corporate action for employee stock allocation.

Impact Justification

Routine listing of additional shares under ESPS with minimal market impact