Description

NSE lists additional equity shares allotted under ESOP schemes by 13 companies including Aditya Birla Fashion, Avalon Technologies, Cartrade Tech, Lupin, and others, effective November 6, 2025.

Summary

NSE has approved the listing of further equity shares issued by 13 companies under their Employee Stock Option Plans (ESOP). The securities will be admitted to trading on the Capital Market segment effective November 6, 2025. All shares are issued at face value, have a market lot of 1, are pari passu with existing shares, and have no lock-in period.

Key Points

  • 13 companies issuing further equity shares under ESOP schemes
  • Total securities listed across all companies: 575,079+ shares
  • Effective date for trading: November 6, 2025
  • All shares issued at face value with market lot of 1
  • All securities are pari passu with existing shares
  • No lock-in restrictions applicable

Companies and Allotment Details

1. Aditya Birla Fashion and Retail Limited (ABFRL)

  • Securities: 225,779 equity shares of Rs. 10/- each
  • Allotment Date: October 16, 2025
  • ISIN: INE647O01011
  • Distinctive Numbers: 1230294774 to 1230520552

2. Avalon Technologies Limited (AVALON)

  • Securities: 20,088 equity shares of Rs. 2/- each
  • Allotment Date: October 18, 2025
  • ISIN: INE0LCL01028
  • Distinctive Numbers: 66713942 to 66734029

3. Cartrade Tech Limited (CARTRADE)

  • Securities: 187,800 equity shares of Rs. 10/- each
  • Allotment Date: October 28, 2025
  • ISIN: INE290S01011
  • Distinctive Numbers: 47605961 to 47793760

4. Lupin Limited (LUPIN)

  • Securities: 4,312 equity shares of Rs. 2/- each
  • Allotment Date: October 28, 2025
  • ISIN: INE326A01037
  • Distinctive Numbers: 456757869 to 456762180

5. Moschip Technologies Limited (MOSCHIP)

  • Securities: 137,100 equity shares of Rs. 2/- each
  • Allotment Date: October 24, 2025
  • ISIN: INE935B01025
  • Distinctive Numbers: 192241212 to 192378311

6. Navin Fluorine International Limited (NAVINFLUOR)

  • ISIN: INE048G01026
  • Face Value: Rs. 2/-
  • (Additional details in continuation sheet)

Other Companies Listed

  • Nuvama Wealth Management Limited
  • Polycab India Limited
  • UTI Asset Management Company Limited
  • Vaibhav Global Limited
  • Wipro Limited
  • Parag Milk Foods Limited
  • Kellton Tech Solutions Limited

Regulatory Framework

This listing is pursuant to:

  • Regulation 3.1.1 of NSE (Capital Market) Trading Regulations Part A - securities admitted to dealings
  • Regulation 2.5.5 of NSE (Capital Market) Trading Regulations Part A - lot size specification

Trading Details

  • Securities identified by designated codes on trading system
  • Market lot: 1 share for all listed securities
  • Trading in specified lot sizes only
  • All shares eligible for immediate trading

Important Dates

  • Circular Date: November 4, 2025
  • Effective Trading Date: November 6, 2025
  • Allotment Dates: October 16-28, 2025 (varies by company)

Compliance Requirements

  • Members must use designated security codes for trading
  • Trading permitted only in specified lot sizes
  • No additional compliance actions required from market participants

Impact Assessment

Minimal market impact expected as:

  • Routine ESOP allotments with small quantities relative to outstanding shares
  • No lock-in restrictions, allowing immediate liquidity
  • Shares issued at face value under established ESOP schemes
  • Standard listing procedure with no material dilution for most companies
  • Market lot of 1 maintains accessibility for retail investors

Impact Justification

Routine listing of ESOP allotments with minimal market impact; small quantities relative to outstanding shares