Description

NSE lists additional equity shares allotted under ESOP schemes by 17 companies including Arvind Fashions, Cigniti Technologies, Coforge, and others, effective December 12, 2025.

Summary

NSE has admitted further equity shares of 17 companies to trading on the Capital Market segment, effective December 12, 2025. All shares were allotted under Employee Stock Option Plans (ESOP) and are pari passu with existing equity shares. The circular specifies ISIN codes, distinctive number ranges, allotment dates, and confirms no lock-in restrictions apply.

Key Points

  • 17 companies have issued additional equity shares under ESOP schemes
  • Total securities range from 1,705 shares (Godrej Industries) to 102,070 shares (Coforge)
  • All shares are pari passu with existing equity shares
  • Market lot size is 1 for all listed securities
  • No lock-in restrictions apply to any of the allotments
  • Allotment dates range from November 20, 2025 to December 3, 2025
  • Trading effective from December 12, 2025

Company-wise Details

  1. Arvind Fashions Limited (ARVINDFASN): 5,000 shares of Rs. 4/- each, allotted December 3, 2025
  2. Cigniti Technologies Limited (CIGNITITEC): 90,000 shares of Rs. 10/- each, allotted November 26, 2025
  3. Coforge Limited (COFORGE): 102,070 shares of Rs. 2/- each, allotted November 20, 2025
  4. ESAF Small Finance Bank Limited (ESAFSFB): 13,794 shares of Rs. 10/- each, allotted December 1, 2025
  5. Godrej Industries Limited (GODREJIND): 1,705 shares of Re. 1/- each, allotted November 27, 2025
  6. Godawari Power And Ispat Limited: Details mentioned but not fully provided in excerpt
  7. Himadri Speciality Chemical Limited: Listed in subject line
  8. ICICI Prudential Life Insurance Company Limited: Listed in subject line
  9. Intellect Design Arena Limited: Listed in subject line
  10. JB Chemicals & Pharmaceuticals Limited: Listed in subject line
  11. Kirloskar Pneumatic Company Limited: Listed in subject line
  12. Knowledge Marine & Engineering Works Limited: Listed in subject line
  13. Northern Arc Capital Limited: Listed in subject line
  14. PCBL Chemical Limited: Listed in subject line
  15. Ugro Capital Limited: Listed in subject line
  16. Uniparts India Limited: Listed in subject line
  17. UTI Asset Management Company Limited: Listed in subject line

Regulatory Changes

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

Compliance Requirements

  • Trading members should note the designated security codes for identification on the trading system
  • Trading must be conducted in the specified lot sizes as per the Annexure
  • Securities to be identified only by designated codes on the trading platform

Important Dates

  • Circular Date: December 11, 2025
  • Effective Date for Trading: December 12, 2025
  • Allotment Dates: November 20, 2025 to December 3, 2025 (varies by company)

Impact Assessment

Market Impact: Minimal. The listing of ESOP shares represents routine corporate actions with negligible dilution impact on existing shareholders. The quantities are relatively small compared to the total outstanding shares of these established companies.

Liquidity Impact: Negligible increase in tradable float. ESOP shares typically have staggered vesting and exercise patterns, so immediate market supply impact is limited.

Investor Impact: No direct impact on existing investors. Shares are issued at a premium through ESOP schemes and are fully fungible with existing shares without restrictions.

Impact Justification

Routine listing of shares allotted under ESOP schemes with no lock-in restrictions. Minor increase in share capital with negligible market impact.