Description

NSE notifies listing of 470,933 additional equity shares of TSC India Limited (Symbol: TSC) on the SME EMERGE platform effective April 09, 2026, issued under Preferential allotment at Rs. 63.5 per share.

Summary

NSE has notified the listing of 470,933 additional equity shares of TSC India Limited (NSE Symbol: TSC, Series: SM) on the SME EMERGE segment of the Capital Market, effective April 09, 2026. The shares were allotted on March 11, 2026 under a Preferential allotment at an issue price of Rs. 63.5 per share with face value of Rs. 10 each.

Key Points

  • Symbol: TSC | Series: SM | ISIN: INE16VK01010
  • Number of shares listed: 470,933 equity shares
  • Issue price: Rs. 63.5 per share (face value Rs. 10)
  • Distinctive number range: 14048001 to 14518933
  • Market lot size: 2,000 shares
  • Pari passu: Yes — new shares rank equally with existing equity shares
  • Lock-in period: All 470,933 shares are locked in until October 20, 2026
  • Shares are currently credited under a temporary ISIN (IN8*********) per SEBI circulars CIR/MRD/DP/21/2012 and CIR/MRD/DP/24/2012; permanent ISIN activation is pending

Regulatory Changes

No new regulatory changes introduced. The listing is pursuant to:

  • 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 size specification

Compliance Requirements

  • Trading members must use the designated symbol TSC and series SM for all transactions
  • Trading must be conducted in the specified market lot of 2,000 shares
  • The lock-in on all 470,933 shares must be observed until October 20, 2026
  • Activation of the permanent ISIN (INE16VK01010) will follow SEBI’s prescribed process for additional share issuances

Important Dates

  • Date of Allotment: March 11, 2026
  • Effective date of listing/trading: April 09, 2026
  • Lock-in expiry date: October 20, 2026

Impact Assessment

The listing adds 470,933 shares to TSC India Limited’s tradeable float on the NSE SME EMERGE platform. However, since all newly listed shares are subject to a lock-in until October 20, 2026, there is no immediate increase in free-float liquidity. Market impact is minimal and confined to TSC India Limited stakeholders. The preferential allotment at Rs. 63.5 per share may serve as a reference price point for market participants tracking the stock.

Impact Justification

Routine further issue listing for a small-cap SME EMERGE company; limited market-wide impact, relevant primarily to existing and prospective TSC India Limited shareholders.