Description
NSE notifies listing of further issued securities for 13 companies including Asian Hotels (North), Capillary Technologies, Federal Bank, HDFC AMC, and others, effective March 23, 2026.
Summary
NSE has notified the listing of further issued securities for 13 companies on the Capital Market segment, effective March 23, 2026. The securities were allotted through ESOP (Employee Stock Option Plans) and preferential allotment routes between February and March 2026.
Key Points
- 13 companies have new securities admitted for trading on NSE Capital Market segment from March 23, 2026
- Issues include both ESOP allotments and preferential allotments
- Preferential allotments carry lock-in periods; ESOP allotments are generally not subject to lock-in
- All new securities are pari passu with existing equity shares of the respective companies
- Circular Ref. No.: 0487/2026, Download Ref. No.: NSE/CML/73399
Security Details
| Company | Symbol | ISIN | Issue Type | No. of Securities | Date of Allotment |
|---|---|---|---|---|---|
| Asian Hotels (North) Limited | ASIANHOTNR | INE363A01022 | Preferential (₹330/share) | 2,31,80,000 | 03-Feb-2026 |
| Capillary Technologies India Limited | CAPILLARY | INE0ILV01024 | ESOP | 95,530 | 12-Mar-2026 |
| Valor Estate Limited | DBREALTY | INE879I01012 | Preferential (₹201.65/share) | 32,02,330 | 02-Feb-2026 |
| The Federal Bank Limited | FEDERALBNK | INE171A01029 | ESOP | 3,19,613 | 15-Mar-2026 |
| HDFC Asset Management Company Limited | HDFCAMC | INE127D01025 | ESOP | 40,261 | 17-Mar-2026 |
| Home First Finance Company India Limited | HOMEFIRST | — | — | — | — |
Regulatory Changes
No new regulatory changes. This circular is issued in pursuance of:
- Regulation 3.1.1 of NSE (Capital Market) Trading Regulations Part A — admission of securities to dealings
- Regulation 2.5.5 of NSE (Capital Market) Trading Regulations Part A — lot sizes for the securities
Compliance Requirements
- Members must use designated security codes for trading these securities
- Trading must be conducted in the specified lot sizes (Market Lot: 1 for all listed securities)
- Lock-in restrictions must be observed where applicable:
- ASIANHOTNR preferential shares: lock-in until March 30, 2027
- DBREALTY preferential shares: lock-in until September 29, 2026
- ESOP allotments (CAPILLARY, FEDERALBNK, HDFCAMC): No lock-in applicable
Important Dates
- Effective Date: March 23, 2026 — securities admitted to trading on NSE
- Allotment Dates:
- Asian Hotels (North): February 3, 2026
- Valor Estate: February 2, 2026
- Capillary Technologies: March 12, 2026
- Federal Bank: March 15, 2026
- HDFC AMC: March 17, 2026
- Lock-in Expiry — ASIANHOTNR: March 30, 2027
- Lock-in Expiry — DBREALTY: September 29, 2026
Impact Assessment
The listing of further issues results in marginal equity dilution for existing shareholders across 13 companies. The preferential allotments in Asian Hotels (North) (2.318 crore shares at ₹330) and Valor Estate (32 lakh shares at ₹201.65) represent more significant capital raises. ESOP allotments for Federal Bank (3.19 lakh shares), HDFC AMC (40,261 shares), and Capillary Technologies (95,530 shares) are relatively small in scale and reflect standard employee compensation exercises. Overall market impact is low as these are routine listing events with no change to trading rules or surveillance frameworks.
Impact Justification
Routine listing of further issued securities across 13 companies via ESOP and preferential allotment routes; affects existing shareholders through dilution but is standard regulatory disclosure.