Description

NSE notifies the listing of further equity shares issued by 9 companies including Ather Energy, Axis Bank, Bajaj Auto, Camlin Fine Sciences, Max Estates, Quick Heal Technologies, South Indian Bank, Yes Bank, and GTL Infrastructure Limited, effective January 5, 2026.

Summary

NSE has notified the listing of further equity shares issued by 9 companies on the Capital Market segment effective January 5, 2026. The issuances include shares allotted under Employee Stock Option Plans (ESOP) and one preferential issue. Market lot for all securities is 1 share.

Key Points

  • Ather Energy Limited (ATHERENERG): 433,842 equity shares of Re. 1/- each allotted under ESOP on December 29, 2025
  • Axis Bank Limited (AXISBANK): 90,462 equity shares of Rs. 2/- each allotted under ESOP on December 30, 2025
  • Bajaj Auto Limited (BAJAJ-AUTO): 240,230 equity shares of Rs. 10/- each allotted under ESOP on December 12, 2025
  • Camlin Fine Sciences Limited (CAMLINFINE): 4,106,181 equity shares of Re. 1/- each at Rs. 247.69 per share under Preferential Issue on November 30, 2025 (Lock-in expires July 4, 2026)
  • Max Estates Limited (MAXESTATES): 43,898 equity shares of Rs. 10/- each allotted under ESOP on October 29, 2025
  • Quick Heal Technologies Limited (QUICKHEAL): 15,352 equity shares of Rs. 10/- each allotted under ESOP on December 24, 2025
  • Additional companies: South Indian Bank Limited, Yes Bank Limited, and GTL Infrastructure Limited (detailed annexure information pending in circular)
  • All securities pari passu with existing shares
  • Trading permitted in designated security codes with market lot of 1 share

Regulatory Changes

No regulatory changes. This is a routine notification under Regulation 3.1.1 and 2.5.5 of NSE Capital Market Trading Regulations Part A for admitting further securities to trading.

Compliance Requirements

  • Trading members must identify securities only by designated codes
  • Trading must be conducted in specified lot sizes (1 share for all listed securities)
  • Camlin Fine Sciences preferential issue shares subject to lock-in until July 4, 2026
  • ESOP allotments have no lock-in restrictions (marked as “Not Applicable”)

Important Dates

  • Circular Date: January 2, 2026
  • Effective Date: January 5, 2026
  • Allotment Dates: Range from October 29, 2025 to December 30, 2025
  • Lock-in Expiry (Camlin Fine Sciences only): July 4, 2026

Impact Assessment

Minimal market impact expected. The further issues represent routine ESOP allotments and one preferential issue, with share quantities being relatively small compared to the companies’ existing paid-up capital. The staggered allotment dates from October to December 2025 indicate these are regular employee compensation and capital-raising activities. Only Camlin Fine Sciences’ preferential issue involves a lock-in period, preventing immediate sale until July 2026. All shares are pari passu with existing equity, maintaining equal rights for all shareholders.

Impact Justification

Routine listing of further issues under ESOP and preferential allotment with minimal market impact due to relatively small quantities compared to existing share capital