Description
NSE notifies listing of further equity shares issued by ten companies including Aditya Birla Lifestyle Brands, Aether Industries, Godawari Power and Ispat, and others, effective February 23, 2026.
Summary
NSE’s Listing Department (Circular Ref. No. 0293/2026, Download Ref NSE/CML/72924) notifies members of the admission to dealings on the NSE Capital Market segment of further equity shares issued by ten companies, effective February 23, 2026. The issuances are primarily under Employee Stock Option Plans (ESOP), with one preferential allotment.
Key Points
- Effective date for trading: February 23, 2026
- Issued under Regulation 3.1.1 and 2.5.5 of NSE Capital Market Trading Regulations Part A
- Majority of allotments are ESOP-related; one (GPIL) is a preferential allotment
- All new shares are pari passu with existing equity shares
- Securities are identified by designated codes; lot size is 1 for all listed companies
- GPIL preferential allotment carries a lock-in period until September 10, 2026
Regulatory Changes
No new regulatory changes introduced. This circular operates under existing Regulations 3.1.1 (admission to dealings) and 2.5.5 (lot sizes) of the NSE Capital Market Trading Regulations Part A.
Compliance Requirements
- All members must recognize the new securities by their designated NSE codes and ISINs for trading purposes
- Trading must be conducted in the specified lot sizes (1 share per lot for all securities)
- GPIL shares issued under preferential allotment (1,372,500 shares) are subject to lock-in until September 10, 2026 and must not be traded before that date
Important Dates
| Company | Symbol | Allotment Date | Securities | Effective for Trading |
|---|---|---|---|---|
| Aditya Birla Lifestyle Brands Limited | ABLBL | January 14, 2026 | 5,500 (ESOP) | February 23, 2026 |
| Aether Industries Limited | AETHER | February 18, 2026 | 11,778 (ESOP) | February 23, 2026 |
| Arisinfra Solutions Limited | ARIS | February 17, 2026 | 312,340 (ESOP) | February 23, 2026 |
| Godawari Power and Ispat Limited | GPIL | January 7, 2026 | 1,372,500 (Preferential @ Rs. 245) | February 23, 2026 |
| The Karnataka Bank Limited | KTKBANK | February 9, 2026 | 17,501 (ESOP) | February 23, 2026 |
| Lloyds Engineering Works Limited | LLOYDSENGG | — | — (ESOP) | February 23, 2026 |
- Lock-in expiry (GPIL preferential shares): September 10, 2026
Impact Assessment
The listing of these further issues has a minimal market impact as they represent incremental dilution through ESOP allotments and one preferential issue across ten companies. The largest single issuance is GPIL’s preferential allotment of 1,372,500 shares at Rs. 245, which is locked in until September 10, 2026 and thus will not immediately increase free float. ESOP allotments for the remaining companies are small relative to their overall share capital. Existing shareholders face minor dilution; no systemic or broad market effect is expected.
Impact Justification
Routine administrative listing notification for further equity share issuances (primarily ESOP allotments) across multiple companies; no policy changes or broad market impact.