Description

NSE announces listing of equity shares issued under ESOP schemes by 14 companies including Aditya Birla Capital, ICICI Bank, Federal Bank, and others effective November 21, 2025.

Summary

NSE has notified the listing of further equity shares issued by 14 companies under their Employee Stock Option Plans (ESOP). The securities will be admitted to trading on the Capital Market segment effective November 21, 2025. All allotted shares are pari passu with existing equity shares, with market lot size of 1 and no lock-in restrictions.

Key Points

  • Effective Date: November 21, 2025
  • Type of Issue: Further issue of equity shares allotted under ESOP schemes
  • Number of Companies: 14 companies
  • Market Lot Size: 1 share for all securities
  • Lock-in Period: Not Applicable for any of the securities
  • Trading Status: All shares are pari passu with existing equity shares
  • Circular Reference: NSE/CML/71391, Circular No. 2263/2025

Companies and Allotment Details

  1. Aditya Birla Capital Limited (ABCAPITAL)

    • Shares Allotted: 738,680 equity shares of Rs. 10/- each
    • Date of Allotment: November 17, 2025
    • ISIN: INE674K01013

  2. Abans Financial Services Limited (AFSL)

    • Shares Allotted: 39,167 equity shares of Rs. 2/- each
    • Date of Allotment: October 17, 2025
    • ISIN: INE00ZE01026

  3. Amber Enterprises India Limited (AMBER)

    • Shares Allotted: 23,100 equity shares of Rs. 10/- each
    • Date of Allotment: November 6, 2025
    • ISIN: INE371P01015

  4. Centum Electronics Limited (CENTUM)

    • Shares Allotted: 28,998 equity shares of Rs. 10/- each
    • Date of Allotment: November 11, 2025
    • ISIN: INE320B01020

  5. The Federal Bank Limited (FEDERALBNK)

    • Shares Allotted: 199,166 equity shares of Rs. 2/- each
    • Date of Allotment: November 15, 2025
    • ISIN: INE171A01029

  6. ICICI Bank Limited (ICICIBANK)

    • ISIN: INE090A01021
    • (Details partially provided in circular)

7-14. Other Companies: India Shelter Finance Corporation Limited, JB Chemicals & Pharmaceuticals Limited, Max Healthcare Institute Limited, Metro Brands Limited, R R Kabel Limited, Shriram Finance Limited, Syrma SGS Technology Limited, and Tata Consumer Products Limited (full details in annexure)

Regulatory Framework

  • Listing pursuant to Regulation 3.1.1 of NSE (Capital Market) Trading Regulations Part A
  • Lot size specification pursuant to Regulation 2.5.5 of NSE (Capital Market) Trading Regulations Part A
  • Securities identified by designated codes for trading purposes

Compliance Requirements

  • Trading members should update their systems to recognize the newly listed securities
  • Securities to be identified by designated security codes on trading system
  • Trading to be conducted in specified lot sizes (Market Lot: 1)

Important Dates

  • Circular Issue Date: November 20, 2025
  • Effective Date for Trading: November 21, 2025
  • Allotment Dates: Vary by company (October 17, 2025 to November 17, 2025)

Impact Assessment

Market Impact: Minimal - These are routine ESOP allotments representing small percentages of total equity capital for established companies.

Trading Impact: No special trading restrictions; shares are immediately tradable with no lock-in.

Dilution: Limited dilution effect given relatively small number of shares compared to total equity base of these large companies.

Liquidity: Addition of freely tradable shares may marginally improve liquidity for these securities.

Impact Justification

Routine administrative listing of ESOP allotments with minimal market impact; securities are pari passu with existing shares and have no lock-in restrictions.