Description

NSE announces listing of equity shares allotted under ESOP by 15 companies including Aether Industries, Banka BioLoo, CARE Ratings, Chalet Hotels, Cholamandalam Finance, E2E Networks, Federal Bank, JB Chemicals, Mastek, Metro Brands, Metropolis Healthcare, NIIT Learning Systems, Nuvama Wealth, Optiemus Infracom, and Zensar Technologies, effective January 23, 2026.

Summary

NSE has admitted further equity shares of 15 companies to trading on the Capital Market segment effective January 23, 2026. All shares were allotted under Employee Stock Option Plans (ESOP) during January 2026. The circular specifies security codes, ISIN numbers, distinctive number ranges, and confirms market lot of 1 share with no lock-in periods applicable.

Key Points

  • 15 companies listing ESOP-allotted equity shares on NSE Capital Market segment
  • Effective date: January 23, 2026
  • All securities have market lot of 1 share
  • All shares are pari passu with existing equity shares
  • No lock-in period applicable to any of the listed securities
  • Total shares across companies: Aether Industries (31,025), Banka BioLoo (29,575), CARE Ratings (16,834), Chalet Hotels (200,468), Cholamandalam Finance (64,690), and others
  • Allotment dates range from January 2, 2026 to January 17, 2026

Regulatory Changes

No regulatory changes. 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 identify securities by designated codes provided in the annexure
  • Trading must be conducted in specified lot sizes (market lot of 1)
  • Securities to be traded as per NSE Capital Market Trading Regulations Part A
  • Companies: Aether Industries, Banka BioLoo, CARE Ratings, Chalet Hotels, Cholamandalam Investment and Finance Company, E2E Networks, Federal Bank, JB Chemicals & Pharmaceuticals, Mastek, Metro Brands, Metropolis Healthcare, NIIT Learning Systems, Nuvama Wealth Management, Optiemus Infracom, and Zensar Technologies

Important Dates

  • January 22, 2026: Circular issue date
  • January 23, 2026: Effective date for listing and trading of further issue securities
  • Allotment dates: January 2, 2026 (Chalet Hotels), January 7, 2026 (Cholamandalam Finance), January 8, 2026 (Banka BioLoo), January 9, 2026 (CARE Ratings), January 17, 2026 (Aether Industries)

Impact Assessment

Market Impact: Minimal. The listing represents ESOP allotments across 15 companies with relatively small quantities compared to their outstanding shares. No dilution concerns as these are typically pre-authorized under existing ESOP schemes.

Trading Impact: Negligible change in liquidity or trading patterns expected. Market lot of 1 share maintains accessibility for retail investors.

Investor Impact: Positive for employees receiving ESOP shares as they gain liquidity. No lock-in periods allow immediate trading flexibility. Existing shareholders unaffected as shares are pari passu without preferential rights.

Impact Justification

Routine listing of ESOP-allotted shares for 15 companies with no material impact on trading or market structure. Standard administrative process with minimal market significance.