Description
NSE notifies listing of further equity shares allotted under ESOP for five companies effective April 06, 2026.
Summary
NSE has notified the listing of further equity shares allotted under Employee Stock Option Plans (ESOP) for five companies — Axis Bank Limited, Coforge Limited, Larsen & Toubro Limited, V-Guard Industries Limited, and Yes Bank Limited. These securities are admitted to dealings on the NSE Capital Market segment effective April 06, 2026.
Key Points
- Five companies are listing additional ESOP-allotted equity shares on NSE.
- All securities are pari passu with existing shares and have no lock-in.
- Shares were allotted in dematerialized mode under temporary ISINs (IN8*) as per SEBI circulars dated August 02, 2012 and September 11, 2012.
- Trading in these securities will use the existing symbols and designated security codes per the annexure.
- Market lot for all five securities is 1.
Regulatory Changes
No new regulatory changes. Circular is issued under Regulation 3.1.1 and Regulation 2.5.5 of the NSE Capital Market Trading Regulations Part A.
Compliance Requirements
- Members must use the designated security codes for trading.
- Trading must be conducted in the specified lot sizes.
- Temporary ISINs (IN8*) will be activated per SEBI guidelines on additional issue of shares/securities.
Important Dates
- Effective Date: April 06, 2026
- Axis Bank allotment date: March 30, 2026
- Coforge allotment date: March 25, 2026
- Larsen & Toubro allotment date: March 24, 2026
- V-Guard Industries allotment date: March 25, 2026
- Yes Bank allotment date: March 20, 2026
Impact Assessment
| Company | Symbol | ISIN | Shares Listed | Face Value |
|---|---|---|---|---|
| Axis Bank Limited | AXISBANK | INE238A01034 | 253,894 | Rs. 2 |
| Coforge Limited | COFORGE | INE591G01025 | 10,720 | Rs. 2 |
| Larsen & Toubro Limited | LT | INE018A01030 | 20,661 | Rs. 2 |
| V-Guard Industries Limited | VGUARD | INE951I01027 | 49,290 | Re. 1 |
| Yes Bank Limited | YESBANK | INE528G01035 | 126,250 | Rs. 2 |
The share counts are small relative to the total outstanding equity of each company. Market impact is negligible. This is a routine operational listing notice with no material effect on price discovery or liquidity.
Impact Justification
Routine ESOP allotment listings with no regulatory changes; small share counts relative to outstanding capital across all five companies.