Listing of Further Issues of Securities - 18 Companies Effective March 24, 2026

Description

NSE notifies listing of further issues of equity shares for 18 companies including Axis Bank, ICICI Bank, L&T Technology Services, and others, effective March 24, 2026. Shares allotted primarily under ESOP schemes.

Summary

NSE has notified the listing of further issues of equity shares for 18 companies on the Capital Market segment, effective March 24, 2026 (Circular Ref. No: 0499/2026, Download Ref No: NSE/CML/73437). The securities are admitted to dealings pursuant to Regulation 3.1.1 of the NSE (Capital Market) Trading Regulations Part A. The majority of allotments are under Employee Stock Option Plans (ESOP).

Key Points

• 18 companies have further issues of equity shares listed effective March 24, 2026
• All newly listed shares are pari passu with existing equity shares of respective companies
• All shares are allotted with market lot size of 1
• No lock-in applicable on any of the listed securities
• Allotment dates range from February 10, 2026 to March 17, 2026
• Securities are identified by designated codes for trading purposes

Regulatory Changes

No new regulatory changes. The listing is 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 sizes

Compliance Requirements

• Trading members must use the designated security codes for all trades in these securities
• Trading in these securities must be conducted in the specified lot sizes (all set to 1)
• No additional compliance obligations for investors or trading members beyond standard trading rules

Important Dates

• Effective Date: March 24, 2026 — securities admitted to dealings on NSE Capital Market segment
• Allotment Dates (per company):
  • Aadhar Housing Finance Limited (AADHARHFC): March 16, 2026 — 243,852 shares (ISIN: INE883F01010)
  • Axis Bank Limited (AXISBANK): March 17, 2026 — 327,688 shares (ISIN: INE238A01034)
  • D.B.Corp Limited (DBCORP): March 16, 2026 — 3,569 shares (ISIN: INE950I01011)
  • Elin Electronics Limited (ELIN): February 10, 2026 — 50,000 shares (ISIN: INE050401020)
  • Eris Lifesciences Limited (ERIS): March 12, 2026 — 19,624 shares (ISIN: INE406M01024)
  • Gujarat Apollo Industries Limited (GUJAPOLLO): allotment date in full circular
  • Happy Forgings Limited, ICICI Bank Limited, L&T Technology Services Limited, NIIT Learning Systems Limited, Patanjali Foods Limited, Ravindra Energy Limited, SIS Limited, Sunteck Realty Limited, Tilaknagar Industries Limited, Vaibhav Global Limited, Windlas Biotech Limited, Zensar Technologies Limited: details in full circular annexure

Impact Assessment

The impact of this circular is routine and low. These are standard further issue listings, predominantly from ESOP allotments, resulting in minor incremental share dilution for each company. All shares are pari passu with existing equity, meaning no preferential rights are created. Investors in these 18 stocks may see negligible dilution but no material change in company fundamentals or trading conditions. No new compliance burden is imposed on market participants.

Impact Justification

Routine ESOP and further issue listings for 18 companies; no regulatory changes or compliance obligations for investors. Minor dilution impact per company, all shares pari passu with existing equity.