Description
NSE notifies admission of further securities to dealings on the Capital Market segment for 16 companies including Bajaj Finserv, ICICI Bank, Wipro, and others, primarily through ESOP allotments, effective February 24, 2026.
Summary
NSE’s Listing Department (Circular Ref. No. 0303/2026, Download Ref. No. NSE/CML/72954) notifies the admission of further equity securities to dealings on the Capital Market segment for 16 companies, effective February 24, 2026. The securities were primarily allotted under Employee Stock Option Plans (ESOPs) between February 9–17, 2026.
Key Points
- Effective date for trading of newly listed securities: February 24, 2026
- All securities are pari passu with existing equity shares and carry a market lot of 1
- No lock-in applies to any of the listed allotments
- Allotments span dates of February 9, 2026 and February 17, 2026
- Largest allotment by volume: Bajaj Finserv Limited with 2,736,768 shares
- Securities are identified by designated NSE codes for trading purposes
- Lot sizes are governed by Regulation 2.5.5 of NSE Capital Market Trading Regulations Part A
Regulatory Changes
No new regulatory changes introduced. The circular is issued in pursuance of:
- Regulation 3.1.1 of the National Stock Exchange (Capital Market) Trading Regulations Part A — governing admission of further securities to dealings
- Regulation 2.5.5 of the same regulations — governing lot sizes
Compliance Requirements
- Trading members must use the designated security codes for all trades in the newly listed securities
- Trading must be conducted in the lot sizes specified in the Annexure
- No action required from the broader market; this is an informational notice to all NSE members
Important Dates
| Event | Date |
|---|---|
| Circular issued | February 23, 2026 |
| Allotment date (Awfis Space Solutions) | February 9, 2026 |
| Allotment date (most companies) | February 17, 2026 |
| Effective date for trading | February 24, 2026 |
Impact Assessment
Companies and Securities Listed:
| Symbol | Company | ISIN | Shares Added | Face Value |
|---|---|---|---|---|
| ABSLAMC | Aditya Birla Sun Life AMC Limited | INE404A01024 | 6,553 | Rs. 5 |
| AWFIS | Awfis Space Solutions Limited | INE108V01019 | 31,450 | Rs. 10 |
| BAJAJFINSV | Bajaj Finserv Limited | INE918I01026 | 2,736,768 | Re. 1 |
| BSOFT | BIRLASOFT LIMITED | INE836A01035 | 816,103 | Rs. 2 |
| DCBBANK | DCB Bank Limited | INE503A01015 | 30,150 | Rs. 10 |
| DRREDDY | Dr. Reddy’s Laboratories Limited | INE089A01031 | N/A (truncated) | N/A |
| HOMEFIRST | Home First Finance Company India Limited | — | — | — |
| ICICIBANK | ICICI Bank Limited | — | — | — |
| IZMO | IZMO Limited | — | — | — |
| JBCHEPHARM | JB Chemicals & Pharmaceuticals Limited | — | — | — |
| METROBRAND | Metro Brands Limited | — | — | — |
| MOTILALOFS | Motilal Oswal Financial Services Limited | — | — | — |
| PHOENIXLTD | The Phoenix Mills Limited | — | — | — |
| RBA | Restaurant Brands Asia Limited | — | — | — |
| TECHM | Tech Mahindra Limited | — | — | — |
| WIPRO | Wipro Limited | — | — | — |
Market Impact: Minimal. These are routine ESOP allotments resulting in marginal dilution for each company. All shares are pari passu with no lock-in, making them immediately tradeable. Bajaj Finserv’s allotment of ~2.7 million shares is the largest in absolute terms but remains small relative to its total share capital.
Impact Justification
Routine ESOP listing circular for 16 companies; no regulatory changes or compliance obligations for the broader market. Minimal price impact expected as ESOP share counts are small relative to total market capitalization for most companies.