Swelect Energy Systems gets approval for new equity share listing

Swelect Energy Systems Limited has received in-principle approval from both the National Stock Exchange of India (NSE) and BSE Limited for the listing of up to 303,175 equity shares, each valued at ₹10. These shares are designated for issuance under the SWELECT Employees Stock Option Scheme, 2025. The approvals, dated December 12, 2025, signify a key step in the company's employee incentive program.

The approvals from NSE (Ref: NSE/LIST/51716) and BSE (Ref: DCS/ESOP/IP/AK/3958/2025-26) are contingent upon the company fulfilling various regulatory conditions. These include timely notification to the exchanges post-allotment, receipt of all statutory approvals, and adherence to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and other applicable laws like the Companies Act, 2013.

The listing is also subject to the submission of specific documents and compliance with exchange guidelines. Once these conditions are met, the exchanges will grant permission for trading of the new equity shares, enhancing the company’s share capital and providing liquidity for the ESOP shares.