Description

NSE circular listing further equity share issues by 25 companies including Ather Energy, Brigade Enterprises, Federal Bank, ICICI entities, and others, effective November 07, 2025.

Summary

NSE has admitted further issues of equity securities from 25 companies to trading on the Capital Market segment. The circular lists securities allotted primarily under Employee Stock Option Plans (ESOP) by companies including Ather Energy Limited, Brigade Enterprises Limited, The Federal Bank Limited, Home First Finance Company India Limited, ICICI Bank Limited, ICICI Lombard General Insurance Company Limited, ICICI Prudential Life Insurance Company Limited, Intellect Design Arena Limited, L&T Finance Limited, PDS Limited, Persistent Systems Limited, Poonawalla Fincorp Limited, Sai Life Sciences Limited, SIS Limited, SMS Pharmaceuticals Limited, Star Health and Allied Insurance Company Limited, Sterling and Wilson Renewable Energy Limited, Aditya Birla Capital Limited, Angel One Limited, The Anup Engineering Limited, AU Small Finance Bank Limited, BlackBuck Limited, Coforge Limited, Max India Limited, and IRB InvIT Fund.

Key Points

  • 25 companies have issued further equity securities being admitted to NSE trading
  • Most securities are equity shares allotted under ESOP schemes
  • Effective date for trading: November 07, 2025
  • Examples include: Ather Energy (313,693 shares), Brigade Enterprises (11,447 + 3,786 shares), Federal Bank (398,444 shares), Home First Finance (securities count not fully specified in excerpt)
  • All securities are pari passu with existing shares
  • Market lot size: 1 for all listed securities
  • Lock-in details: Not Applicable for all listed securities
  • Allotment dates range from October 24, 2025 to November 2, 2025

Regulatory Changes

No regulatory changes introduced. This is a routine notification under existing regulations.

Compliance Requirements

  • Trading members must use designated security codes for identification on the trading system
  • Trading must be conducted in specified lot sizes as per the annexure
  • Compliance with Regulation 3.1.1 of NSE (Capital Market) Trading Regulations Part A
  • Compliance with Regulation 2.5.5 of NSE (Capital Market) Trading Regulations Part A regarding lot sizes

Important Dates

  • Circular Date: November 06, 2025
  • Effective Date for Trading: November 07, 2025
  • Allotment Dates: October 24, 2025 to November 02, 2025 (varies by company)

Impact Assessment

This is a routine administrative circular with minimal market impact. The listing of further issues represents normal corporate actions (primarily ESOP allotments) by existing listed companies. The securities are pari passu with existing shares, meaning they carry the same rights and privileges. The total number of new securities across all 25 companies represents a small fraction of their respective outstanding shares, and therefore will not materially impact trading volumes or market capitalization. No changes to trading regulations or compliance requirements are introduced.

Impact Justification

Routine listing of further equity shares issued under ESOP and other schemes by multiple companies. No market-wide impact, affects only specific securities being added to trading.