Description

NSE notifies listing of further issued securities for nine companies including CG Power, ICICI Lombard, Meesho, and Polycab India, allotted under ESOP schemes, effective April 02, 2026.

Summary

NSE’s Listing Department (Circular Ref. No. 0560/2026, Download Ref. No. NSE/CML/73570) notifies the admission of further issued equity shares for nine companies to dealings on the National Stock Exchange (Capital Market segment), effective April 02, 2026. All allotments are under Employee Stock Option Plans (ESOP) and are pari passu with existing shares, with no lock-in restrictions.

Key Points

  • Securities are admitted under Regulation 3.1.1 of NSE (Capital Market) Trading Regulations Part A
  • Lot sizes governed by Regulation 2.5.5 of the same regulations; all securities have a market lot of 1
  • All newly listed shares rank pari passu with existing equity shares
  • No lock-in applies to any of the listed allotments
  • Trading identification is by designated security codes only
  • Effective date: April 02, 2026

Regulatory Changes

No new regulatory changes. This circular is an operational notification under existing NSE trading regulations.

Compliance Requirements

  • Members must use the designated security codes for trading in these securities
  • Trading must be conducted in the specified lot sizes (market lot: 1 for all securities)

Important Dates

  • Circular Date: April 01, 2026
  • Effective Date: April 02, 2026
  • Allotment Dates by Company:
    • CG Power and Industrial Solutions Limited: March 25, 2026
    • ICICI Lombard General Insurance Company Limited: March 26, 2026
    • Jagsonpal Pharmaceuticals Limited: March 09, 2026
    • Meesho Limited: March 19, 2026
    • Polycab India Limited: March 20, 2026
    • Rishabh Instruments Limited: (date in truncated content)

Impact Assessment

Minimal market impact. These are routine ESOP-related share allotments resulting in marginal increases to the free float of each company. The largest allotment by volume is Meesho Limited with 14,611,534 shares (ISIN: INE0VDM01015), which could have a modest dilutive effect. Other allotments are small relative to typical outstanding share counts. No trading disruption or compliance burden is expected for market participants.

Impact Justification

Routine ESOP allotment listings with no regulatory changes or compliance obligations; these are standard administrative notifications for newly admitted securities on NSE's capital market segment.