Description

NSE notifies the listing of equity shares allotted under ESOP by Genus Power Infrastructures Limited, Ivalue Infosolutions Limited, Kirloskar Industries Limited, and UTI Asset Management Company Limited, effective January 01, 2026.

Summary

NSE has admitted further equity shares issued by four companies under Employee Stock Option Plans (ESOP) for trading on the Capital Market segment. The securities will be listed effective January 01, 2026, with market lot size of 1 share for all listed securities. All shares are issued in dematerialized mode, pari passu with existing shares, and have no lock-in restrictions.

Key Points

  • Four companies listing further equity shares allotted under ESOP schemes
  • Genus Power Infrastructures Limited: 106,187 equity shares of Re. 1/- each (allotted Dec 16, 2025)
  • Ivalue Infosolutions Limited: 1,075,100 equity shares of Rs. 2/- each (allotted Dec 23, 2025)
  • Kirloskar Industries Limited: 6,206 equity shares of Rs. 10/- each (allotted Dec 24, 2025)
  • UTI Asset Management Company Limited: 60,673 equity shares of Rs. 10/- each (allotted Dec 25, 2025)
  • Market lot size: 1 share for all securities
  • All shares issued pari passu with existing equity shares
  • No lock-in period applicable
  • Shares currently under temporary ISIN as per SEBI circulars CIR/MRD/DP/21/2012 and CIR/MRD/DP/24/2012

Regulatory Changes

No regulatory changes introduced. This circular implements existing regulations under NSE Capital Market Trading Regulations Part A (Regulation 3.1.1 for admission to dealings and Regulation 2.5.5 for lot sizes).

Compliance Requirements

  • Trading members must use designated security codes for trading in these securities
  • Trading must be conducted in specified market lot sizes (1 share)
  • Companies have complied with SEBI requirements for temporary ISIN allocation in dematerialized mode

Important Dates

  • Circular Issue Date: December 31, 2025
  • Effective Date for Trading: January 01, 2026
  • Allotment Dates:
    • Genus Power: December 16, 2025
    • Ivalue Infosolutions: December 23, 2025
    • Kirloskar Industries: December 24, 2025
    • UTI Asset Management: December 25, 2025

Impact Assessment

Market Impact: Minimal. The listing represents routine ESOP allotments with relatively small quantities compared to existing equity base. The largest allotment is 1,075,100 shares for Ivalue Infosolutions Limited.

Liquidity Impact: Negligible immediate impact on liquidity as shares are allotted to employees under ESOP schemes and may be subject to vesting requirements despite no exchange-mandated lock-in.

Shareholder Impact: Dilutive effect on existing shareholders is minor given the small number of shares relative to total outstanding equity. Shares rank pari passu with existing equity, ensuring equal rights.

Operational Impact: No operational changes required. Securities will trade using existing symbols and infrastructure with market lot size of 1 share.

Impact Justification

Routine listing of ESOP allotments with minimal market impact, affecting only specific stockholders of four companies with relatively small allotment quantities.