Description

NSE approves listing of further equity shares for 14 companies including Aurum PropTech, CREDITACCESS GRAMEEN, EPL Limited and others, effective November 18, 2025.

Summary

NSE has approved the listing of further equity shares issued by 14 companies, effective November 18, 2025. The securities were issued through various mechanisms including Employee Stock Option Plans (ESOP) and preferential allotments. All securities will have a market lot size of 1 and will be identified by their designated codes for trading purposes.

Key Points

  • Aurum PropTech Limited: 4,242,537 equity shares issued on preferential basis at Rs. 203.77, lock-in until May 20, 2026
  • CREDITACCESS GRAMEEN LIMITED: 41,537 equity shares allotted under ESOP on November 4, 2025
  • EPL Limited: 24,600 equity shares allotted under ESOP on November 10, 2025
  • Go Digit General Insurance Limited: 18,041 equity shares allotted under ESOP on November 6, 2025
  • Master Trust Limited: 10,750,000 equity shares issued under preferential allotment at Rs. 70, lock-in until May 29, 2027
  • Additional listings for Nippon Life India Asset Management, Onesource Specialty Pharma, Quick Heal Technologies, Sai Life Sciences, SBFC Finance, Sequent Scientific, Suzlon Energy, Tube Investments of India, and Tracxn Technologies
  • All securities are pari passu with existing equity shares
  • Market lot size set at 1 for all securities

Regulatory Changes

No regulatory changes. This circular implements existing regulations under NSE (Capital Market) Trading Regulations Part A, specifically Regulation 3.1.1 for admission of securities to dealings and Regulation 2.5.5 for lot size specification.

Compliance Requirements

  • Trading members must use designated security codes for identification and trading of these securities
  • Trading shall be conducted in specified lot sizes (market lot of 1)
  • Lock-in requirements apply to preferential allotments:
    • Aurum PropTech Limited: Lock-in until May 20, 2026
    • Master Trust Limited: Lock-in until May 29, 2027
  • ESOP allotments have no lock-in restrictions

Important Dates

  • Circular Date: November 17, 2025
  • Effective Date for Listing: November 18, 2025
  • Allotment Dates: Vary by company (ranging from August 5, 2025 to November 10, 2025)
  • Lock-in Expiry Dates:
    • Aurum PropTech Limited: May 20, 2026
    • Master Trust Limited: May 29, 2027

Impact Assessment

Market Impact: Low. This is a routine administrative action for listing additional shares from ESOP exercises and preferential allotments. The quantities involved are relatively small compared to the existing paid-up capital of these companies.

Liquidity Impact: Minimal immediate impact on liquidity. ESOP shares are typically not locked-in and may be traded freely, while preferential allotment shares face lock-in restrictions ranging from 6 months to 18 months.

Investor Impact: Neutral. Existing shareholders should be aware of the dilution effect, though this information was likely already disclosed in respective company announcements. The pari passu nature ensures equal rights for new shares.

Operational Impact: Trading members need to update their systems to reflect the new distinctive number ranges and ensure proper settlement for these additional securities from November 18, 2025.

Impact Justification

Routine listing of further equity shares through ESOP exercises and preferential allotments. Limited market impact as these are small quantities relative to existing paid-up capital.