Description

NSE lists further issues of equity shares for Arvind Fashions, ICICI Prudential Life Insurance, LTIMindtree, Manaksia Coated Metals, Keystone Realtors, Yes Bank, Aarti Pharmalabs and 3i Infotech, effective October 30, 2025.

Summary

NSE has admitted further issues of securities from eight companies to trading on the Capital Market segment effective October 30, 2025. The circular covers equity shares allotted under Employee Stock Option Plans (ESOP) for Arvind Fashions (8,000 shares), ICICI Prudential Life Insurance (6,450 shares), LTIMindtree (72,479 shares in two tranches), and additional companies. Manaksia Coated Metals issued 4,972,500 equity shares under preferential allotment with lock-in until April 29, 2026.

Key Points

  • Effective date: October 30, 2025
  • Arvind Fashions Limited (ARVINDFASN): 8,000 equity shares of Rs. 4/- each allotted under ESOP on October 13, 2025
  • ICICI Prudential Life Insurance (ICICIPRULI): 6,450 equity shares of Rs. 10/- each allotted under ESOP on October 28, 2025
  • LTIMindtree Limited (LTIM): 72,479 equity shares of Re. 1/- each in two allotments (13,769 and 58,710 shares) under ESOP on October 16, 2025
  • Manaksia Coated Metals (MANAKCOAT): 4,972,500 equity shares of Re. 1/- each at Rs. 65 issue price under preferential allotment on June 25, 2025
  • Keystone Realtors Limited (RUSTOMJEE): Further details in annexure
  • Market lot size: 1 share for all listed securities
  • All shares pari passu with existing equity shares

Regulatory Changes

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

Compliance Requirements

  • Securities identified by designated codes for trading purposes
  • Trading in specified lot sizes as per annexure
  • Lock-in applicable only to Manaksia Coated Metals preferential issue (expires April 29, 2026)
  • No lock-in for ESOP allotments

Important Dates

  • Circular Date: October 29, 2025
  • Effective Date: October 30, 2025
  • Allotment Dates:
    • Arvind Fashions: October 13, 2025
    • ICICI Prudential: October 28, 2025
    • LTIMindtree: October 16, 2025
    • Manaksia Coated Metals: June 25, 2025
  • Lock-in Expiry (Manaksia Coated Metals): April 29, 2026

Impact Assessment

Market Impact: Minimal. These are small-scale further issues primarily from ESOP exercises representing minor dilution to existing shareholders. The quantities range from 6,450 to 72,479 shares for most companies, which is negligible compared to typical daily trading volumes.

Liquidity Impact: Marginal increase in free float for listed companies. Exception is Manaksia Coated Metals with 4.97 million shares, but these remain locked-in until April 2026.

Trading Impact: No change to trading mechanisms, lot sizes remain at 1 share for all securities. Securities will be identified by existing codes with updated distinctive number ranges.

Impact Justification

Routine listing of additional shares from ESOP exercises and preferential allotments; minimal market impact due to small quantities relative to existing shares