Description

NSE notifies listing of further equity shares for 10 companies effective October 06, 2025, including ESOP allotments and preferential issues.

Summary

NSE notifies the listing of further equity shares for 10 companies on the Capital Market segment effective October 06, 2025. The companies include Axis Bank Limited, Bhartiya International Limited, The Federal Bank Limited, HDFC Bank Limited, One Mobikwik Systems Limited, Niva Bupa Health Insurance Company Limited, Optiemus Infracom Limited, Piccadily Agro Industries Limited, Religare Enterprises Limited, and Adani Green Energy Limited. Most shares are allotted under ESOP schemes, with one preferential issue.

Key Points

  • Axis Bank (AXISBANK): 108,301 equity shares of Rs. 2/- each under ESOP, allotted September 30, 2025
  • Bhartiya International (BIL): 426,000 equity shares of Rs. 10/- each under Preferential Issue at Rs. 430/-, allotted September 02, 2025, with lock-in until April 26, 2027
  • Federal Bank (FEDERALBNK): 117,518 equity shares of Rs. 2/- each under ESOP, allotted September 27, 2025
  • HDFC Bank (HDFCBANK): 3,350,606 equity shares of Re. 1/- each under ESOP, allotted September 30, 2025
  • One Mobikwik Systems (MOBIKWIK): 506,272 equity shares of Rs. 2/- each under ESOP, allotted September 25, 2025
  • Niva Bupa Health Insurance (NIVABUPA): Details partially provided in circular
  • All securities admitted pursuant to Regulation 3.1.1 of NSE Capital Market Trading Regulations Part A
  • Market lot size: 1 for all securities
  • All shares are pari passu with existing shares

Regulatory Changes

No regulatory changes introduced. This circular is a routine notification under existing NSE Capital Market Trading Regulations.

Compliance Requirements

  • Trading members must use designated security codes for trading these securities
  • Trading shall be conducted in specified lot sizes (market lot of 1)
  • Lock-in provisions apply only to Bhartiya International Limited’s preferential issue (until April 26, 2027)
  • No lock-in applicable for ESOP allotments

Important Dates

  • Circular Date: October 03, 2025
  • Effective Date: October 06, 2025
  • Allotment Dates:
    • BIL: September 02, 2025
    • MOBIKWIK: September 25, 2025
    • FEDERALBNK: September 27, 2025
    • AXISBANK: September 30, 2025
    • HDFCBANK: September 30, 2025
  • Lock-in Expiry (BIL only): April 26, 2027

Impact Assessment

Market Impact: Low. These are routine further issue listings primarily from ESOP exercises, representing small percentages of total outstanding shares. The preferential issue for BIL is locked-in until 2027.

Operational Impact: Minimal. Trading members need to be aware of the new securities available for trading from October 06, 2025, but no system changes or operational adjustments are required beyond normal listing processes.

Investor Impact: Negligible dilution effect given the relatively small number of shares being listed compared to existing equity base of these large-cap and mid-cap companies.

Impact Justification

Routine listing of further issues from ESOP allotments and preferential issues with minimal market impact