Description
NSE notifies listing of further issued equity shares allotted under ESOP schemes for AU Small Finance Bank, Borosil, HDB Financial Services, Hero MotoCorp, ICICI Bank, Navin Fluorine, Oracle Financial Services, Ugro Capital, and Varun Beverages, effective May 07, 2026.
Summary
NSE’s Listing Department (Circular Ref. No. 0740/2026, Download Ref. NSE/CML/74090) notifies the admission to dealings on the Capital Market segment of further issued equity shares for nine companies, all allotted under their respective Employee Stock Option Plans (ESOPs). The listing is effective from May 07, 2026.
Key Points
- All newly listed shares are pari passu with existing equity shares of the respective companies.
- No lock-in applies to any of the allotments listed in this circular.
- Trading is governed by NSE Capital Market Trading Regulations Part A (Regulations 3.1.1 and 2.5.5); market lot for all securities is 1 share.
- Securities are identified solely by their designated NSE symbols and ISINs.
Allotment Details
| Company | Symbol | ISIN | Face Value | Shares Allotted | Date of Allotment | Distinctive Number Range |
|---|---|---|---|---|---|---|
| AU Small Finance Bank Ltd | AUBANK | INE949L01017 | ₹10 | 1,96,822 | 30-Apr-2026 | 748358790 – 748555611 |
| Borosil Limited | BOROLTD | INE02PY01013 | ₹1 | 5,500 | 28-Apr-2026 | 119582130 – 119587629 |
| HDB Financial Services Ltd | HDBFS | INE756I01012 | ₹10 | 10,440 | 21-Apr-2026 | 830327217 – 830337656 |
| Hero MotoCorp Limited | HEROMOTOCO | INE158A01026 | ₹2 | 3,161 | 04-May-2026 | 326558488 – 326561648 |
| ICICI Bank Limited | ICICIBANK | INE090A01021 | ₹2 | 10,83,096 | 05-May-2026 | 7167444678 – 7168527773 |
| Navin Fluorine International Ltd | NAVINFLUOR | INE048G01026 | ₹2 | 37,385 | 21-Apr-2026 | 51248575 – 51285959 |
| Oracle Financial Services Software Ltd | OFSS | — | — | — | — | — |
| Ugro Capital Limited | UGROCAP | — | — | — | — | — |
| Varun Beverages Limited | VBL | — | — | — | — | — |
Note: Full annexure details for Oracle Financial Services, Ugro Capital, and Varun Beverages were not available in the extracted content.
Regulatory Changes
No regulatory changes. This circular is issued in pursuance of existing NSE Capital Market Trading Regulations (Regulation 3.1.1 for admission to dealings and Regulation 2.5.5 for lot sizes).
Compliance Requirements
- Members/Brokers: Recognise the new security codes and ISINs for the allotted shares effective May 07, 2026.
- Trading systems: Securities must be identified only by their designated NSE codes; trading must be in the specified lot size of 1.
- No action required from investors or listed companies beyond standard post-allotment formalities already completed.
Important Dates
- Circular Date: May 06, 2026
- Effective Date for Trading: May 07, 2026
- Allotment Dates: Range from April 21, 2026 (HDBFS, NAVINFLUOR) to May 05, 2026 (ICICIBANK)
Impact Assessment
This is a routine, low-impact administrative circular. The share additions from ESOP allotments represent marginal dilution across all nine companies. The largest issuance — ICICI Bank’s ~10.83 lakh shares — is negligible relative to its multi-billion share capital. No price band changes, no market-wide implications, and no investor compliance obligations arise from this circular. Traders should simply be aware that these ISIN-specific additions are tradeable from May 07, 2026.
Impact Justification
Routine administrative listing circular for ESOP-allotted shares across 9 companies. No regulatory changes or compliance obligations; shares are pari passu with existing equity and carry no lock-in. Largest allotment is ICICI Bank at ~1.08 million shares, modest relative to its total float.