Description

NSE notifies listing of 1,548,780 additional equity shares of Canarys Automations Limited (CANARYS) on the SME Emerge platform effective March 16, 2026, issued under Preferential allotment at Rs. 41 per share.

Summary

NSE has notified the listing of 1,548,780 additional equity shares of Canarys Automations Limited (Symbol: CANARYS, Series: SM) on the NSE SME Emerge platform. These shares were allotted on November 20, 2025, under a Preferential allotment at an issue price of Rs. 41 per share (face value Rs. 2). Trading in these securities is effective from March 16, 2026.

Key Points

  • Company: Canarys Automations Limited
  • Symbol: CANARYS | Series: SM | Segment: SME Emerge
  • ISIN: INE0QG301017 (permanent; currently credited under temporary ISIN IN8* per SEBI circular)
  • Face Value: Rs. 2 per share | Issue Price: Rs. 41 per share
  • Number of Shares Listed: 1,548,780
  • Distinctive Number Range: 57,196,114 to 58,744,893
  • Market Lot: 4,000 shares
  • Pari Passu: Yes — new shares rank equally with existing equity shares
  • Date of Allotment: November 20, 2025
  • Effective Date for Trading: March 16, 2026

Regulatory Changes

No new regulatory changes introduced. The listing is carried out in pursuance of:

  • Regulation 3.1.1 of the NSE (Capital Market) Trading Regulations Part A — admission of securities to dealings
  • Regulation 2.5.5 of the NSE (Capital Market) Trading Regulations Part A — lot size specification

ISIN activation follows SEBI circulars CIR/MRD/DP/21/2012 (August 2, 2012) and CIR/MRD/DP/24/2012 (September 11, 2012) for additional issue of shares in dematerialized mode.

Compliance Requirements

  • Trading members must use the designated symbol CANARYS and series SM for all trades in these securities.
  • Trading must be conducted in the prescribed market lot of 4,000 shares.
  • Lock-in restrictions must be observed for the applicable tranches of shares (see Important Dates below).

Important Dates

  • Date of Allotment: November 20, 2025
  • Effective Date for Trading: March 16, 2026
  • Lock-in Expiry — 512,194 shares (Distinctive Nos. 57,196,114–57,708,307): September 15, 2027
  • Lock-in Expiry — 975,610 shares (Distinctive Nos. 57,708,308–58,683,917): September 15, 2026
  • Lock-in Expiry — 60,976 shares (Distinctive Nos. 58,683,918–58,744,893): September 15, 2026

Impact Assessment

The listing adds 1,548,780 new shares to the tradable pool for Canarys Automations Limited on the SME Emerge platform from March 16, 2026. However, a significant portion of the newly listed shares are subject to lock-in restrictions — approximately 512,194 shares are locked in until September 2027, and the remaining ~1,036,586 shares until September 2026. This limits the immediate free-float increase. The circular has minimal broader market impact and is relevant primarily to existing shareholders and prospective investors in this SME-listed company.

Impact Justification

Routine further listing of shares from a preferential allotment for an SME Emerge-listed company; limited market-wide impact, relevant primarily to existing shareholders and investors in Canarys Automations Limited.