Description

NSE announces listing of equity shares allotted under ESOP by 11 companies including Aavas Financiers, Axis Bank, ICICI Lombard, and others, effective February 09, 2026.

Summary

NSE notifies the listing of further equity shares allotted under Employee Stock Option Plans (ESOP) by 11 companies on the Capital Market segment. The securities will be admitted to dealings with effect from February 09, 2026. Companies include Aavas Financiers Limited, Axis Bank Limited, ICICI Lombard General Insurance Company Limited, Kirloskar Pneumatic Company Limited, L&T Finance Limited, Max India Limited, Nuvama Wealth Management Limited, Transwarranty Finance Limited, Thirumalai Chemicals Limited, V-Guard Industries Limited, and V-Mart Retail Limited.

Key Points

  • 11 companies listing further equity shares allotted under ESOP schemes
  • All securities admitted for trading effective February 09, 2026
  • Market lot size: 1 for all securities
  • All shares are pari passu with existing shares
  • No lock-in period applicable
  • Aavas Financiers: Two allotments totaling 12,365 shares (allotment date: January 31, 2026)
  • Axis Bank: 438,206 shares (allotment date: February 03, 2026)
  • ICICI Lombard: 38,044 shares (allotment date: February 03, 2026)
  • Kirloskar Pneumatic: 12,500 shares (allotment date: January 23, 2026)
  • L&T Finance: Details partially provided in circular

Regulatory Changes

No regulatory changes. This is a routine notification under Regulation 3.1.1 and Regulation 2.5.5 of the National Stock Exchange (Capital Market) Trading Regulations Part A for listing of further issues.

Compliance Requirements

  • Trading members should note the designated security codes for these further issues
  • Securities identified by designated codes on trading system
  • Trading in specified lot sizes as per annexure
  • No additional compliance requirements for market participants

Important Dates

  • Circular Date: February 06, 2026
  • Effective Date: February 09, 2026
  • Allotment Dates:
    • Aavas Financiers: January 31, 2026
    • Axis Bank: February 03, 2026
    • ICICI Lombard: February 03, 2026
    • Kirloskar Pneumatic: January 23, 2026

Impact Assessment

Minimal market impact. This is a routine administrative listing of small quantities of equity shares allotted under ESOP schemes. The number of shares being listed represents a very small percentage of the existing share capital of these companies. No impact on trading operations, market structure, or investor obligations. The shares are freely tradable with no lock-in restrictions and rank pari passu with existing equity shares.

Impact Justification

Routine listing of ESOP allotments with small quantities; no material impact on trading or market operations