Description

NSE notifies listing of 2,657,518 units of Aditya Birla Sun Life BSE Top 10 Banks ETF (symbol: ABSL10BANK) effective March 04, 2026, with an issue price of Rs. 182.46 per unit.

Summary

NSE has notified the listing of 2,657,518 units of the Aditya Birla Sun Life BSE Top 10 Banks ETF (ABSL10BANK), managed by Aditya Birla Sun Life AMC Limited. Trading will commence on the Capital Market segment of NSE with effect from March 04, 2026, at an issue price of Rs. 182.46 per unit.

Key Points

  • Scheme: Aditya Birla Sun Life BSE Top 10 Banks ETF
  • NSE Symbol: ABSL10BANK
  • ISIN: INF209KC1670
  • Total units listed: 2,657,518
  • Face value: Rs. 10/- per unit
  • Paid-up value: Rs. 10/- per unit
  • Issue price: Rs. 182.46/- per unit
  • Market lot: 1 unit
  • Date of allotment: February 26, 2026
  • Series: EQ
  • Five designated market makers appointed

Regulatory Changes

No new regulatory changes. Listing is in pursuance of Regulation 3.1.1 and Regulation 2.5.5 of the National Stock Exchange (Capital Market) Trading Regulations Part A, governing admission of securities to dealings and specification of lot sizes.

Compliance Requirements

  • Trading members must use the designated security code ABSL10BANK for all transactions.
  • Trading must be conducted in the specified market lot size of 1 unit.
  • Five market makers (TM codes: 90246, 08134, 90068, 13773, 11890) are designated to provide liquidity.

Important Dates

  • Date of allotment: February 26, 2026
  • Circular date: March 02, 2026
  • Effective date for trading: March 04, 2026

Impact Assessment

This is a routine listing notification with limited broad market impact. The ETF tracks the BSE Top 10 Banks Index, providing investors with a focused banking-sector exposure vehicle. The appointment of five market makers (Kanjalochana Finserve, East India Securities, IRAGE Broking Services, Choice Equity Broking, and Parwati Capital Market) should ensure adequate liquidity from launch. Impact is confined to ETF investors and the designated market makers.

Impact Justification

Routine ETF unit listing notification for a new banking-sector ETF; affects market makers and ETF investors but has no broad regulatory or compliance impact.