Description
NSE notifies listing of further issued securities for six companies effective April 22, 2026, covering ESOP allotments, abeyance shares, and scheme of arrangement shares.
Summary
NSE has notified the listing of further issued equity shares for six companies on the Capital Market segment, effective April 22, 2026. The securities include shares allotted under Employee Stock Option Plans (ESOP), abeyance resolution, and a scheme of arrangement.
Key Points
- Six companies are listing additional equity shares: Balaji Telefilms, Cartrade Tech, Avenue Supermarts, Eureka Forbes, Sheela Foam, and Aarti Industries
- All newly listed securities are pari passu with existing shares
- No lock-in applies to any of the listed securities
- Effective date for trading: April 22, 2026
- Securities are identified by their designated codes for trading purposes
- Lot size for all securities is 1
Regulatory Changes
No regulatory changes. This circular is issued in pursuance of Regulation 3.1.1 and Regulation 2.5.5 of the NSE Capital Market Trading Regulations Part A, which govern admission of further securities to dealings and lot size specifications respectively.
Compliance Requirements
No specific compliance actions required of members. Trading in these securities must use the designated security codes and lot sizes as specified in the annexure.
Important Dates
- Circular Date: April 20, 2026
- Effective Date: April 22, 2026
- Allotment Dates by Company:
- Balaji Telefilms (BALAJITELE): April 14, 2026
- Cartrade Tech (CARTRADE): April 9, 2026
- Avenue Supermarts (DMART): April 16, 2026
- Eureka Forbes (EUREKAFORB): November 13, 2026
- Sheela Foam (SFL): February 3, 2026
- Aarti Industries (AARTIIND): April 13, 2026
Impact Assessment
| Company | Symbol | ISIN | Shares Added | Face Value | Reason |
|---|---|---|---|---|---|
| Balaji Telefilms | BALAJITELE | INE794B01026 | 90,450 | Rs. 2 | ESOP |
| Cartrade Tech | CARTRADE | INE290S01011 | 50,000 | Rs. 10 | ESOP |
| Avenue Supermarts | DMART | INE192R01011 | 1,64,534 | Rs. 10 | ESOP |
| Eureka Forbes | EUREKAFORB | INE0KCE01017 | 495 | Rs. 10 | Abeyance |
| Sheela Foam | SFL | INE916U01025 | 4,88,146 | Rs. 5 | Scheme of Arrangement |
| Aarti Industries | AARTIIND | INE769A01020 | 122 | Rs. 5 | ESOP |
The additional shares represent routine capital increases. The quantities are small relative to typical market caps of these companies, resulting in minimal dilution impact. Eureka Forbes adds only 495 shares (abeyance resolution), and Aarti Industries adds just 122 shares (ESOP), making dilution negligible. Sheela Foam’s 4,88,146 shares under a scheme of arrangement is the largest addition but still routine in nature.
Impact Justification
Routine administrative listing of further issues via ESOP and scheme of arrangement; no regulatory changes or compliance actions required by members. Small share quantities relative to existing capital.