Description

NSE announces listing of equity shares allotted under ESOP schemes for 14 companies including Aavas Financiers, AU Small Finance Bank, CARE Ratings, and others, effective December 1, 2025.

Summary

NSE has announced the listing of equity shares allotted under Employee Stock Option Plans (ESOP) for 14 companies on the Capital Market segment. The securities will be admitted to dealings with effect from December 1, 2025. All shares are being listed with a market lot of 1 and are pari passu with existing equity shares. No lock-in restrictions apply to these securities.

Key Points

  • Aavas Financiers Limited (AAVAS): 12,699 equity shares of Rs. 10/- each, allotted November 24, 2025
  • AU Small Finance Bank Limited (AUBANK): 311,349 equity shares of Rs. 10/- each, allotted November 24, 2025
  • CARE Ratings Limited (CARERATING): 6,283 equity shares of Rs. 10/- each, allotted November 8, 2025
  • Chemfab Alkalis Limited (CHEMFAB): 4,000 equity shares of Rs. 10/- each, allotted July 31, 2025
  • Hexaware Technologies Limited (HEXT): 2,000,000 equity shares of Re. 1/- each, allotted November 21, 2025
  • Ideaforge Technology Limited (IDEAFORGE): Equity shares of Rs. 10/- each (quantity not fully specified in excerpt)
  • Additional companies: Infosys Limited, JB Chemicals & Pharmaceuticals Limited, PC Jeweller Limited, Prime Focus Limited, RBL Bank Limited, SBI Life Insurance Company Limited, SIS Limited, and UTI Asset Management Company Limited
  • All securities will be identified by designated codes on the trading system
  • Market lot size for all securities: 1
  • All shares are pari passu with existing equity shares

Regulatory Changes

No regulatory changes. This is a routine listing notification under Regulation 3.1.1 and 2.5.5 of the National Stock Exchange (Capital Market) Trading Regulations Part A.

Compliance Requirements

  • Trading members should update their systems to recognize the new ISINs and security codes
  • The securities will be identified only by designated codes on the trading system
  • Trading shall be conducted in the specified lot sizes (market lot of 1 for all securities)

Important Dates

  • Circular Date: November 28, 2025
  • Effective Date for Listing: December 1, 2025
  • Allotment Dates: Vary by company (July 31, 2025 to November 24, 2025)

Impact Assessment

Market Impact: Minimal. These are routine ESOP allotments representing small percentages of existing share capital. The largest allotment is 2 million shares for Hexaware Technologies.

Trading Impact: Negligible impact on liquidity or price movements expected, as these are relatively small quantities being added to already-listed securities.

Investor Impact: Existing shareholders will experience minimal dilution. The shares are pari passu with existing equity, so no differential rights exist.

Impact Justification

Routine listing of ESOP-allotted shares for 14 companies. These are small quantities of further issues that do not materially impact existing shareholding or trading.