Description

NSE announces listing of additional equity shares for Felix Industries Limited (3,314,780 shares from warrant conversion) and Viviana Power Tech Limited (51,500 shares from preferential allotment) on SME EMERGE platform effective October 14, 2025.

Summary

National Stock Exchange of India has admitted additional equity shares of two SME EMERGE segment companies to trading effective October 14, 2025. Felix Industries Limited is listing 3,314,780 equity shares of Rs. 10 face value issued pursuant to conversion of warrants on preferential basis, while Viviana Power Tech Limited is listing 51,500 equity shares of Rs. 10 face value allotted on preferential basis.

Key Points

  • Felix Industries Limited: 3,314,780 additional equity shares admitted to trading
  • Symbol: FELIX, ISIN: INE901X01013, Market Lot: 500 shares
  • Issue price: Rs. 175 per share, Face value: Rs. 10
  • Shares allotted on August 27, 2025 pursuant to warrant conversion
  • Distinctive number range: 13891571 to 17206350
  • Viviana Power Tech Limited: 51,500 additional equity shares admitted to trading
  • Symbol: VIVIANA, ISIN: INE0MEG01014, Market Lot: 125 shares
  • Issue price: Rs. 625 per share, Face value: Rs. 10
  • Shares allotted on July 24, 2025 on preferential basis
  • Distinctive number range: 6276501 to 6328000
  • Both securities are pari passu with existing shares
  • Trading on SME EMERGE segment of Capital Market

Regulatory Changes

No regulatory changes introduced. This circular implements existing regulations under National Stock Exchange (Capital Market) Trading Regulations Part A, specifically Regulation 3.1.1 for admission to dealings and Regulation 2.5.5 for lot size specifications.

Compliance Requirements

  • Securities to be identified only by designated security codes for trading purposes
  • Trading must be conducted in specified lot sizes (500 shares for FELIX, 125 shares for VIVIANA)
  • Lock-in requirements as per annexure must be observed by allottees
  • Shares allotted in dematerialized mode credited under temporary ISIN in accordance with SEBI circulars CIR/MRD/DP/21/2012 (August 02, 2012) and CIR/MRD/DP/24/2012 (September 11, 2012)

Important Dates

  • Circular Date: October 13, 2025
  • Effective Date: October 14, 2025
  • Felix Industries Allotment Date: August 27, 2025
  • Viviana Power Tech Allotment Date: July 24, 2025
  • Felix Industries Lock-in Expiry Dates: Various dates between May 30, 2026 and May 30, 2027 (staggered for different tranches)
  • Viviana Power Tech Lock-in Expiry Date: May 31, 2027

Impact Assessment

The listing of these further issues has minimal market-wide impact as both companies operate on the SME EMERGE platform, which caters to small and medium enterprises. The addition of 3.3 million shares for Felix Industries represents a material dilution for existing shareholders, while Viviana’s 51,500 shares represent a smaller increase. The extended lock-in periods (ranging from 8 months to 20 months for Felix, and 19 months for Viviana) will restrict immediate liquidity of these newly listed shares. Investors should note the preferential allotment nature of these issues, which typically indicates strategic investments or promoter-related transactions. The securities are pari passu with existing shares, ensuring equal voting and dividend rights.

Impact Justification

Routine listing of additional shares on SME platform with limited market-wide impact, affecting only two small companies with specific lock-in periods