NSE has notified the listing of further issued securities for 15 companies on the Capital Market segment, effective May 19, 2026 (Circular Ref. No. 0798/2026). The securities cover equity shares allotted under Employee Stock Option Plans (ESOPs), conversion of warrants on preferential basis, and other further issues.

Key Points

• 15 companies have had further securities admitted to dealings on NSE Capital Market segment effective May 19, 2026
• Allotments span ESOP schemes, preferential warrant conversions, and other further issues
• Each security is identified by its designated symbol and ISIN; lot size is 1 for all listed securities
• All new shares are pari passu with existing equity shares except where lock-in restrictions apply
• B.A.G Films and Media Limited shares carry a lock-in expiry date of November 27, 2027

Regulatory Changes

No new regulatory changes. This circular is issued 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 securities

Compliance Requirements

• Trading members must use designated security codes for all transactions in these securities
• Trading must be conducted in the specified lot sizes as per the Annexure
• Lock-in restrictions must be observed for B.A.G Films and Media Limited shares (lock-in until November 27, 2027)

Important Dates

• Circular Date: May 18, 2026
• Effective Date: May 19, 2026
• Allotment Dates by Company:
  • A2Z Infra Engineering Limited: May 4, 2026 (1,402,500 shares via ESOP)
  • B.A.G Films and Media Limited: March 28, 2026 (9,800,000 shares via warrant conversion)
  • Prataap Snacks Limited: April 27, 2026 (6,981 shares via ESOP)
  • ICICI Bank Limited: May 15, 2026 (164,293 shares via ESOP)
  • IndoStar Capital Finance Limited: May 11, 2026 (42,500 shares via ESOP)
  • Infosys Limited: (date in truncated content)
• Lock-in Expiry (BAGFILMS): November 27, 2027

Impact Assessment

This is a routine administrative listing circular with low systemic risk. The allotments are incremental relative to total issued capital for large-cap companies like ICICI Bank, Infosys, and Wipro, and are unlikely to cause material dilution or price impact. B.A.G Films and Media Limited’s 9.8 million shares from warrant conversion carry a lock-in until late 2027, limiting near-term selling pressure. Small-cap companies such as A2Z Infra Engineering and IndoStar Capital Finance may see marginally higher relative dilution from their respective ESOP allotments. Overall market impact is minimal.