Description

NSE announces listing of equity shares allotted under ESOP schemes for Arvind Fashions, Bliss GVS Pharma, Carborundum Universal, Edelweiss Financial Services, IIFL Capital Services, MphasiS, and UNO Minda effective November 11, 2025.

Summary

NSE has notified the listing of further equity shares issued by seven companies under their Employee Stock Option Plans (ESOP). The securities will be admitted to dealings on the Capital Market segment with effect from November 11, 2025. All shares are pari passu with existing equity shares and will trade in market lot of 1.

Key Points

  • Arvind Fashions Limited: 22,279 equity shares of Rs. 4/- each allotted on October 29, 2025
  • Bliss GVS Pharma Limited: 39,450 equity shares of Re. 1/- each allotted on October 10, 2025 (Lock-in until April 10, 2026)
  • Carborundum Universal Limited: 3,000 equity shares of Re. 1/- each allotted on October 9, 2025
  • Edelweiss Financial Services Limited: 367,683 equity shares of Re. 1/- each allotted on October 30, 2025
  • IIFL Capital Services Limited: 252,550 equity shares of Rs. 2/- each allotted on November 3, 2025
  • MphasiS Limited: 155,762 equity shares of Rs. 10/- each allotted on October 31, 2025
  • All securities will be identified by their designated ISIN codes for trading purposes
  • Market lot size is 1 for all securities
  • All shares are pari passu with existing equity shares

Regulatory Changes

No regulatory changes. This is a routine listing notification pursuant to Regulation 3.1.1 and Regulation 2.5.5 of the NSE Capital Market Trading Regulations Part A.

Compliance Requirements

  • Trading members must use designated security codes (symbols and ISINs) for trading these securities
  • Trading must be conducted in the specified market lot size of 1 share
  • Lock-in provisions apply only to Bliss GVS Pharma Limited shares until April 10, 2026

Important Dates

  • Effective Date: November 11, 2025
  • Circular Date: November 10, 2025
  • Allotment Dates:
    • October 9, 2025: Carborundum Universal Limited
    • October 10, 2025: Bliss GVS Pharma Limited
    • October 29, 2025: Arvind Fashions Limited
    • October 30, 2025: Edelweiss Financial Services Limited
    • October 31, 2025: MphasiS Limited
    • November 3, 2025: IIFL Capital Services Limited
  • Lock-in Expiry: April 10, 2026 (Bliss GVS Pharma only)

Impact Assessment

Market Impact: Minimal. The number of shares being listed represents routine ESOP allotments that are typically small relative to the companies’ total outstanding shares and daily trading volumes.

Liquidity Impact: Negligible increase in the free float for each security.

Investor Impact: Existing shareholders experience minimal dilution from these ESOP allotments. The shares being listed are already accounted for in the companies’ authorized capital structures.

Operational Impact: Standard administrative update for trading systems. No changes to trading rules or procedures.

Impact Justification

Routine ESOP allotment listings with minimal market impact. Small number of shares relative to typical trading volumes. Administrative in nature.