MOBANK10 - Stock Market Circularshttps://rhnvrm.github.io/stock-market-circulars/stocks/mobank10/Regulatory circulars from NSE, BSE, and SEBI with AI-powered summariesHugo -- gohugo.ioen-usThu, 09 Apr 2026 00:00:00 +0000Listing of Motilal Oswal BSE Top 10 Banks ETF Units on NSEhttps://rhnvrm.github.io/stock-market-circulars/circulars/nse/2026/nse-2026-04-09-61e442dc69e62828-listing-of-units-issued-by-motilal-oswal-asset-management-company-limited-motila/Thu, 09 Apr 2026 00:00:00 +0530https://rhnvrm.github.io/stock-market-circulars/circulars/nse/2026/nse-2026-04-09-61e442dc69e62828-listing-of-units-issued-by-motilal-oswal-asset-management-company-limited-motila/NSE notifies listing of 34,50,000 units of Motilal Oswal BSE Top 10 Banks ETF (MOBANK10) on the Capital Market segment with effect from April 10, 2026, allotted at an issue price of Rs. 15.79 per unit.nselistingmediumlowlow61e442dc69e62828https://nsearchives.nseindia.com/content/circulars/CML73665.pdfMOBANK10listingetfmutual-fundmotilal-oswalbanking-etfMOBANK10capital-marketSummary

NSE has notified the listing of units of Motilal Oswal BSE Top 10 Banks ETF, issued by Motilal Oswal Asset Management Company Limited, on the Capital Market segment of the National Stock Exchange. Trading will commence from April 10, 2026 under the symbol MOBANK10.

Key Points

  • Scheme Name: Motilal Oswal BSE Top 10 Banks ETF
  • Symbol: MOBANK10
  • ISIN: INF247L01GV8
  • Number of Units Listed: 34,50,000
  • Series: EQ
  • Face Value: Rs. 10/- per unit
  • Paid-Up Value: Rs. 10/- per unit
  • Issue Price: Rs. 15.79/- per unit
  • Market Lot: 1 unit
  • Date of Allotment: April 06, 2026
  • Listing Effective Date: April 10, 2026
  • Circular Ref No: NSE/CML/73665 | 0599/2026

Regulatory Changes

No new regulatory changes. Listing is in pursuance of:

  • Regulation 3.1.1 of the NSE (Capital Market) Trading Regulations Part A — admission of securities to dealings.
  • Regulation 2.5.5 of the NSE (Capital Market) Trading Regulations Part A — lot sizes for admitted securities.

Compliance Requirements

  • Members must use designated security code MOBANK10 for all trading in these units on the NSE system.
  • Trading must be conducted in the specified lot size of 1 unit.
  • Market Makers appointed for this ETF are:
    • East India Securities Ltd. (TM Code: 08134)
    • Motilal Oswal Financial Services Limited (TM Code: 10412)
    • Kanjalochana Finserve Private Ltd. (TM Code: 90246)
    • Irage Broking Services LLP (TM Code: 90068)

Important Dates

  • Date of Allotment: April 06, 2026
  • Circular Date: April 09, 2026
  • Trading Commencement: April 10, 2026

Impact Assessment

This listing introduces a new banking-sector ETF — Motilal Oswal BSE Top 10 Banks ETF — tracking the top 10 banks on BSE. With 34.5 lakh units listed at an issue price of Rs. 15.79, the initial listing size is approximately Rs. 5.45 crore. The ETF provides investors with a focused exposure to India’s leading banking stocks. The appointment of four market makers ensures adequate liquidity on the exchange. Impact is moderate for investors seeking thematic banking-sector ETF instruments on NSE.

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