Description

NSE announces listing of equity shares allotted under ESOP schemes by 14 companies including HDFC Bank, ICICI Bank, Cyient, and others, effective October 31, 2025.

Summary

NSE has admitted further equity shares of 14 companies to trading on the Capital Market segment, effective October 31, 2025. These shares were allotted under Employee Stock Option Plans (ESOP) by companies including major banks (HDFC Bank - 12.99 million shares, ICICI Bank - 736,701 shares), IT firms (Cyient, NIIT, Oracle Financial Services, Zensar Technologies), and other listed entities. All securities will trade with market lot of 1 and are pari passu with existing shares, with no lock-in restrictions applicable.

Key Points

  • 14 companies listing further equity shares allotted under ESOP schemes
  • Largest allotment: HDFC Bank Limited with 12,994,998 shares (Re. 1/- each)
  • ICICI Bank allotted 736,701 shares (Rs. 2/- each)
  • ICICI Lombard General Insurance allotted 138,414 shares (Rs. 10/- each)
  • All shares admitted to trading effective October 31, 2025
  • Market lot size: 1 for all securities
  • All shares are pari passu with existing equity shares
  • No lock-in period applicable to any of the allotments
  • Allotment dates range from October 13 to October 29, 2025

Regulatory Changes

No regulatory changes introduced. 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

  • Trading members must identify securities by designated codes as specified
  • Trading shall be conducted in specified lot sizes (market lot of 1)
  • All companies have complied with listing requirements for further issues
  • ISIN codes assigned for each security series
  • Distinctive number ranges allocated for share identification

Important Dates

  • Circular Date: October 30, 2025
  • Effective Date: October 31, 2025 (listing and trading commencement)
  • Allotment Dates:
    • Cyient Limited: October 13, 2025
    • ICICI Lombard: October 24, 2025
    • ITC Hotels: October 22, 2025
    • HDFC Bank: October 28, 2025
    • ICICI Bank: October 29, 2025
    • Other companies: Various dates in October 2025

Impact Assessment

Market Impact: Minimal to negligible. These are routine ESOP allotments representing small percentages of existing share capital. HDFC Bank’s 12.99 million shares, while the largest in this batch, represent a fraction of its enormous float.

Liquidity Impact: Marginal increase in tradeable shares. No lock-in restrictions mean shares are immediately available for trading, but quantities are relatively small.

Shareholder Impact: Dilution is minimal given the small number of shares relative to existing equity base for most companies. Existing shareholders experience negligible impact on ownership percentage.

Operational Impact: Standard listing process with no special trading conditions or restrictions. Securities will trade under existing symbols with market lot of 1.

Impact Justification

Routine listing of ESOP allotments with minimal market impact. No lock-in restrictions and relatively small share quantities compared to existing float.