Description

NSE announces listing of additional equity shares for Godrej Consumer Products, Ideaforge Technology, IndoStar Capital Finance, KEI Industries, Kingfa Science & Technology, Ramco Industries, Sudarshan Chemical Industries, and Yes Bank effective October 20, 2025.

Summary

NSE has admitted further issues of equity shares from eight companies to trading on the Capital Market segment effective October 20, 2025. The securities include shares allotted under Employee Stock Option Plans (ESOP) for seven companies and preferential issue for Kingfa Science & Technology. All securities will trade with market lot of 1 and are pari passu with existing shares.

Key Points

  • Godrej Consumer Products Limited (GODREJCP): 28,261 equity shares of Re. 1/- each allotted under ESOP on October 1, 2025
  • Ideaforge Technology Limited (IDEAFORGE): 4,669 equity shares of Rs. 10/- each allotted under ESOP on October 10, 2025
  • IndoStar Capital Finance Limited (INDOSTAR): 1,486 equity shares of Rs. 10/- each allotted under ESOP on October 13, 2025
  • KEI Industries Limited (KEI): 48,000 equity shares of Rs. 2/- each allotted under ESOP on September 29, 2025
  • Kingfa Science & Technology (India) Limited (KINGFA): 1,440,920 equity shares of Rs. 10/- each issued on preferential basis at Rs. 3,470 per share on September 24, 2025 (Lock-in until April 25, 2026)
  • Ramco Industries Limited (RAMCOIND): Equity shares of Re. 1/- each allotted under ESOP (details truncated in source)
  • All securities will have market lot size of 1
  • Trading identification will be by designated security codes

Regulatory Changes

No regulatory changes. This is a standard listing notification under Regulation 3.1.1 and 2.5.5 of NSE Capital Market Trading Regulations Part A.

Compliance Requirements

  • Trading members must use designated security codes for trading these securities
  • Securities must be traded in specified lot sizes (market lot of 1 for all listed securities)
  • Kingfa Science & Technology shares are subject to lock-in until April 25, 2026 due to preferential issue regulations

Important Dates

  • Circular Date: October 17, 2025
  • Effective Date for Trading: October 20, 2025
  • Allotment Dates: Range from September 24, 2025 to October 13, 2025
  • Lock-in Expiry (Kingfa only): April 25, 2026

Impact Assessment

Market Impact: Minimal. These are relatively small further issues compared to existing share capital. Most securities are from ESOP exercises representing less than 0.1% dilution for the respective companies.

Operational Impact: Standard listing procedure with no special trading requirements except for the lock-in period on Kingfa Science & Technology preferential shares.

Liquidity Impact: Negligible increase in floating stock. The largest addition is Kingfa’s 1.44 million shares, but these are locked-in for six months. Other additions range from 1,486 to 48,000 shares per company.

Impact Justification

Routine listing of additional shares from ESOP exercises and preferential allotment. No material market impact expected.