Description
NSE notifies listing of further issued securities for 13 companies including ICICI Bank, ITC, Tata Motors Passenger Vehicles, and others, effective April 23, 2026.
Summary
NSE notifies the listing of further issued securities for 13 companies on the Capital Market segment, effective April 23, 2026. The securities include equity shares allotted under Employee Stock Option Plans (ESOP) and one preferential allotment (warrant conversion) by Baid Finserv Limited.
Key Points
- 13 companies have new securities admitted to dealings on NSE Capital Market segment from April 23, 2026
- Most allotments are under ESOP schemes; Baid Finserv allotment is via warrant conversion on preferential basis
- All new securities are pari passu with existing equity shares of respective companies
- Baid Finserv securities carry a lock-in expiry of October 30, 2027; all ESOP allotments have no lock-in
- Security codes and lot sizes are as specified in the Annexure per NSE Trading Regulations
Regulatory Changes
No new regulatory changes. This circular is issued in pursuance of:
- 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 sizes for securities
Compliance Requirements
- Trading members must use designated security codes for trading in these securities
- Trading must be conducted in the specified lot sizes as per the Annexure
- No additional compliance action required from listed companies beyond the allotment already completed
Important Dates
- Effective Date: April 23, 2026 — securities admitted to dealings on NSE
- Baid Finserv allotment date: March 12, 2026
- ESAF Small Finance Bank allotment date: April 13, 2026
- Greenply Industries allotment date: March 31, 2026
- ICICI Bank allotment date: April 21, 2026
- ICICI Prudential Life Insurance allotment date: April 21, 2026
- Baid Finserv lock-in expiry: October 30, 2027
Impact Assessment
This is a routine administrative circular with low market-moving risk. The ESOP allotments across large-cap companies (ICICI Bank: 912,191 shares; ICICI Prudential: 317,541 shares; Greenply: 14,250 shares; ESAF Small Finance Bank: 13,898 shares) represent minor dilution relative to existing paid-up capital. The Baid Finserv preferential warrant conversion (4,802,732 shares at Rs. 15.10) is the largest single issuance by count but involves a smaller-cap company. All new shares trade pari passu, so no economic distinction exists post-listing. Trading members should update security master data for the 13 tickers ahead of April 23 market open.
Impact Justification
Routine further issue listings for ESOP allotments and one preferential warrant conversion; affects multiple large-cap companies including ICICI Bank and ITC but is standard administrative listing action.