Description

NSE circular notifying the listing of further issues of equity shares allotted under ESOP by 11 companies including ICICI Bank, Wipro, Adani Ports, and others, effective January 22, 2026.

Summary

NSE has notified the listing of further issues of equity shares by 11 companies on the Capital Market segment, effective January 22, 2026. All securities listed are equity shares allotted under Employee Stock Option Plans (ESOP) with face values ranging from Re. 1 to Rs. 10. The shares will be admitted to trading with designated security codes and specified market lot sizes of 1 share each. All shares are issued on a pari passu basis with existing equity shares.

Key Points

  • 11 companies listing further equity shares allotted under ESOP schemes
  • Effective date: January 22, 2026
  • All securities admitted under Regulation 3.1.1 of NSE (Capital Market) Trading Regulations Part A
  • Market lot size: 1 share for all listed securities
  • All shares issued on pari passu basis with existing equity
  • No lock-in period applicable for any of the securities
  • Total shares listed range from 500 (Aarti Industries) to 1,347,500 (Capital India Finance)

Companies and Details

1. Aarti Industries Limited (AARTIIND)

  • Securities: 500 equity shares of Rs. 5/- each
  • Allotment Date: January 13, 2026
  • ISIN: INE769A01020

2. Capital India Finance Limited (CIFL)

  • Securities: 1,347,500 equity shares of Rs. 2/- each
  • Allotment Date: December 27, 2025
  • ISIN: INE345H01024

3. EPL Limited (EPL)

  • Securities: 14,996 equity shares of Rs. 2/- each
  • Allotment Date: January 9, 2026
  • ISIN: INE255A01020

4. ICICI Bank Limited (ICICIBANK)

  • Securities: 275,884 equity shares of Rs. 2/- each
  • Allotment Date: January 19, 2026
  • ISIN: INE090A01021

5. ICICI Prudential Life Insurance Company Limited (ICICIPRULI)

  • Securities: 100,201 equity shares of Rs. 10/- each
  • Allotment Date: January 20, 2026
  • ISIN: INE726G01019

6. ITC Hotels Limited (ITCHOTELS)

  • Securities: Equity shares of Re. 1/- each (quantity not fully specified in excerpt)
  • Allotment Date: January 16, 2026
  • ISIN: INE379A01028

7-11. Additional Companies Listed:

  • Jubilant Agri and Consumer Products Limited
  • Polycab India Limited
  • Shriram Finance Limited
  • Wipro Limited
  • Adani Ports and Special Economic Zone Limited

Regulatory Changes

No regulatory changes introduced. This is a routine notification of securities admission pursuant to existing regulations.

Compliance Requirements

  • Trading members to note the designated security codes for each listed security
  • Trading to be conducted only through designated codes on the exchange system
  • Market lot size of 1 share to be followed for all listed securities
  • Securities identified by ISIN codes as specified in the annexure

Important Dates

  • Circular Date: January 21, 2026
  • Effective Date: January 22, 2026
  • Allotment Dates: Range from December 27, 2025 to January 20, 2026 (varies by company)

Impact Assessment

Market Impact: Minimal to negligible. The listing of ESOP shares is a routine administrative process with no direct trading restrictions or special conditions. The quantities being listed are relatively small compared to the total outstanding shares of most companies involved, particularly for large-cap entities like ICICI Bank and Wipro.

Operational Impact: Standard operational update for trading members to update their systems with new security codes and distinctive number ranges. No changes to trading mechanisms or lot sizes (all remain at 1 share market lot).

Shareholder Impact: Dilution effect is minimal given the small quantities relative to existing share capital. All shares are pari passu with no preferential rights, ensuring equal treatment with existing shareholders.

Impact Justification

Routine administrative listing of ESOP shares with minimal market impact; small quantity relative to total outstanding shares for most companies