Press Release · 1 Power Grid Corporation of India Ltd. POWERGRID 2 UltraTech Cement Ltd. ULTRACEMCO 27) NIFTY Midcap Liquid 15 The following companies are being excluded: Sr. No

Press Release

June 10, 2020

Replacements in Indices

This has reference to press release dated May 13, 2020 regarding index reconstitution issued

by NSE Indices Ltd.

The Index Maintenance Sub-Committee (IMSC) of NSE Indices Limited has decided to make

the following replacement of stocks in various indices as part of its periodic review. These

changes shall become effective from June 26, 2020 (close of June 25, 2020).

A. Replacements on account of semi-annual review of indices:

1) NIFTY Next 50

The following companies are being excluded:

Sr. No. Company Name Symbol

1 Ashok Leyland Ltd. ASHOKLEY

2 Indiabulls Housing Finance Ltd. IBULHSGFIN

3 L&T Finance Holdings Ltd. L&TFH

4 The New India Assurance Company Ltd. NIACL

5 Vodafone Idea Ltd. IDEA

The following companies are being included:


1 Abbott India Ltd. ABBOTINDIA

2 Indraprastha Gas Ltd. IGL

3 Info Edge (India) Ltd. NAUKRI

4 Muthoot Finance Ltd. MUTHOOTFIN

5 Torrent Pharmaceuticals Ltd. TORNTPHARM

2) NIFTY 500



1 Chalet Hotels Ltd. CHALET

2 Dewan Housing Finance Corporation Ltd. DHFL

3 Federal-Mogul Goetze (India) Ltd. FMGOETZE

4 Future Lifestyle Fashions Ltd. FLFL

5 Gayatri Projects Ltd. GAYAPROJ

6 Indiabulls Integrated Services Ltd. IBULISL


7 ITD Cementation India Ltd. ITDCEM

8 Jain Irrigation Systems Ltd. JISLJALEQS

9 Kennametal India Ltd. KENNAMET

10 Kirloskar Oil Eng Ltd. KIRLOSENG

11 Lakshmi Vilas Bank Ltd. LAKSHVILAS

12 Magma Fincorp Ltd. MAGMA

13 Network18 Media & Investments Ltd. NETWORK18

14 Parag Milk Foods Ltd. PARAGMILK

15 PC Jeweller Ltd. PCJEWELLER

16 Reliance Capital Ltd. RELCAPITAL

17 Reliance Infrastructure Ltd. RELINFRA

18 Reliance Power Ltd. RPOWER

19 Responsive Industries Ltd. RESPONIND

20 S H Kelkar and Company Ltd. SHK

21 Shilpa Medicare Ltd. SHILPAMED

22 Sundaram Clayton Ltd. SUNCLAYLTD

23 Techno Electric & Engineering Company Ltd. TECHNOE

24 Triveni Turbine Ltd. TRITURBINE

25 Va Tech Wabag Ltd. WABAG



1 ABB India Ltd. ABB

2 Alkyl Amines Chemicals Ltd. ALKYLAMINE

3 Bharat Rasayan Ltd. BHARATRAS

4 Century Textile & Industries Ltd. CENTURYTEX

5 CSB Bank Ltd. CSBBANK

6 Dhanuka Agritech Ltd. DHANUKA

7 ESAB India Ltd. ESABINDIA

8 Garden Reach Shipbuilders & Engineers Ltd. GRSE

9 GMM Pfaudler Ltd. GMMPFAUDLR

10 Gujarat Fluorochemicals Ltd. FLUOROCHEM

11 Hathway Cable & Datacom Ltd. HATHWAY

12 IIFL Wealth Management Ltd. IIFLWAM

13

Indian Railway Catering And Tourism

Corporation Ltd. IRCTC

14 Indoco Remedies Ltd. INDOCO

15 Ingersoll Rand (India) Ltd. INGERRAND

16 KSB Ltd. KSB

17 La Opala RG Ltd. LAOPALA

18 Poly Medicure Ltd. POLYMED


19 Schneider Electric Infrastructure Ltd. SCHNEIDER

20 Sequent Scientific Ltd. SEQUENT

21 Shipping Corporation of India Ltd. SCI

22 Sumitomo Chemical India Ltd. SUMICHEM

23 Tata Communications Ltd. TATACOMM

24 Ujjivan Small Finance Bank Ltd. UJJIVANSFB

25 Vesuvius India Ltd. VESUVIUS

3) NIFTY 100








6 Tata Motors Ltd DVR TATAMTRDVR








The above replacements will also be applicable to NIFTY100 Equal Weight Index.

4) NIFTY Midcap 150




2 Engineers India Ltd. ENGINERSIN

3 Future Consumer Ltd. FCONSUMER

4 Graphite India Ltd. GRAPHITE

5 H.E.G. Ltd. HEG

6 Indian Bank INDIANB




9 KRBL Ltd. KRBL

10 Mahindra CIE Automotive Ltd. MAHINDCIE


12 NBCC (India) Ltd. NBCC

13 Sterlite Technologies Ltd. STRTECH


15 Varroc Engineering Ltd. VARROC




2 Akzo Nobel India Ltd. AKZOINDIA


4 CreditAccess Grameen Ltd. CREDITACC



7



8 J.K. Cement Ltd. JKCEMENT


10 Minda Industries Ltd. MINDAIND

11 NIIT Technologies Ltd. NIITTECH





5) NIFTY Smallcap 250
















































13 H.E.G. Ltd. HEG






18 KRBL Ltd. KRBL

19 KSB Ltd. KSB












6) NIFTY Midcap 50











2 Godrej Properties Ltd. GODREJPROP




7) NIFTY Midcap 100






4 H.E.G. Ltd. HEG












1 Aarti Industries Ltd. AARTIIND

2 Adani Gas Ltd. ADANIGAS


4 Dr. Lal Path Labs Ltd. LALPATHLAB

5 Gujarat Gas Ltd. GUJGASLTD


7





10 Polycab India Ltd. POLYCAB

11 Trent Ltd. TRENT





1 Arvind Fashions Ltd. ARVINDFASN

2 Dish TV India Ltd. DISHTV

3 Equitas Holdings Ltd. EQUITAS

4

Gujarat Narmada Valley Fertilizers and Chemicals

Ltd. GNFC

5 Gujarat State Fertilizers & Chemicals Ltd. GSFC

6 IRB Infrastructure Developers Ltd. IRB

7 MMTC Ltd. MMTC

8 NCC Ltd. NCC


10 Sobha Ltd. SOBHA




2 Deepak Nitrite Ltd. DEEPAKNTR

3 Dixon Technologies (India) Ltd. DIXON

4 Granules India Ltd. GRANULES


6 Laurus Labs Ltd. LAURUSLABS

7 Navin Fluorine International Ltd. NAVINFLUOR


9 Spicejet Ltd. SPICEJET





1 Arvind Fashions Ltd. ARVINDFASN

2 BSE Ltd. BSE

3 CARE Ratings Ltd. CARERATING


5 Chennai Petroleum Corporation Ltd. CHENNPETRO



8 Dish TV India Ltd. DISHTV



11 Karnataka Bank Ltd. KTKBANK



14 Suzlon Energy Ltd. SUZLON

15 Venky's (India) Ltd. VENKEYS



1 Affle (India) Ltd. AFFLE

2 Birla Corporation Ltd. BIRLACORPN








9 H.E.G. Ltd. HEG

10 Inox Leisure Ltd. INOXLEISUR

11 Mishra Dhatu Nigam Ltd. MIDHANI





10) NIFTY LargeMidcap 250






4 H.E.G. Ltd. HEG


6 KRBL Ltd. KRBL












5








11) NIFTY MidSmallcap 400


















































15





18 KSB Ltd. KSB













12) NIFTY 200






4 H.E.G. Ltd. HEG









1 Aarti Industries Ltd. AARTIIND



4 Dr. Lal Path Labs Ltd. LALPATHLAB

5 Gujarat Gas Ltd. GUJGASLTD

6




8 Polycab India Ltd. POLYCAB

9 Trent Ltd. TRENT

13) NIFTY Auto

The following company is being excluded:


1 Apollo Tyres Ltd. APOLLOTYRE

The following company is being included:


1 Balkrishna Industries Ltd. BALKRISIND

14) NIFTY Consumer Durables



1 Bajaj Electricals Ltd BAJAJELEC




15) NIFTY Financial Services



1 Edelweiss Financial Services Ltd. EDELWEISS




1 HDFC Asset Management Company Ltd. HDFCAMC

2 Piramal Enterprises Ltd. PEL

The above replacements will also be applicable to NIFTY Financial Services 25/50 Index.

16) NIFTY FMCG



1 Godrej Industries Ltd. GODREJIND



1 Varun Beverages Ltd. VBL

17) NIFTY IT



1 Hexaware Technologies Ltd. HEXAWARE

2 Justdial Ltd. JUSTDIAL

3 Tata Elxsi Ltd. TATAELXSI




2 Larsen & Toubro Infotech Ltd. LTI

3 MphasiS Ltd. MPHASIS

18) NIFTY Media



1 Balaji Telefilms Ltd. BALAJITELE

2 Jump Networks Ltd. JUMPNET



4 Saregama India Ltd SAREGAMA

5 Zee Media Corporation Ltd. ZEEMEDIA




19) NIFTY Pharma



1 Glenmark Pharmaceuticals Ltd. GLENMARK




1 Alkem Laboratories Ltd. ALKEM


20) NIFTY PSU Bank



1 Punjab & Sind Bank PSB

No inclusion is being made in the index.

21) NIFTY Realty



1 Mahindra Lifespace Developers Ltd. MAHLIFE



1 Omaxe Ltd. OMAXE

22) NIFTY Commodities



1 National Aluminium Co. Ltd. NATIONALUM

2 Steel Authority of India Ltd. SAIL



1 Adani Green Energy Ltd. ADANIGREEN

2 Atul Ltd. ATUL

23) NIFTY India Consumption






1 Jubilant Foodworks Ltd. JUBLFOOD

24) NIFTY MNC







25) NIFTY Services Sector





2 LIC Housing Finance Ltd. LICHSGFIN



1 ICICI Lombard General Insurance Company Ltd. ICICIGI


26) NIFTY100 Liquid 15




2 Vedanta Ltd. VEDL



1 Power Grid Corporation of India Ltd. POWERGRID

2 UltraTech Cement Ltd. ULTRACEMCO

27) NIFTY Midcap Liquid 15



1 Glenmark Pharmaceuticals Ltd. GLENMARK


3 MindTree Ltd. MINDTREE



1 Bharat Electronics Ltd. BEL

2 RBL Bank Ltd. RBLBANK

3 SRF Ltd. SRF

28) NIFTY Growth Sectors 15



1 Dr. Reddy's Laboratories Ltd. DRREDDY


2 Exide Industries Ltd. EXIDEIND

3 IndusInd Bank Ltd. INDUSINDBK



1 Aurobindo Pharma Ltd. AUROPHARMA

2 Hero MotoCorp Ltd. HEROMOTOCO

3 ICICI Bank Ltd. ICICIBANK

B. Replacements on account of annual review:

1) NIFTY Dividend Opportunities 50




2

Gujarat Narmada Valley Fertilizers and Chemicals

Ltd. GNFC

3 Gujarat State Fertilizers & Chemicals Ltd. GSFC

4 H.E.G. Ltd. HEG

5 Hindustan Zinc Ltd. HINDZINC

6 ICICI Prudential Life Insurance Company Ltd. ICICIPRULI

7 IRB Infrastructure Developers Ltd. IRB

8 JM Financial Ltd. JMFINANCIL


10 Oracle Financial Services Software Ltd. OFSS

11 Power Finance Corporation Ltd. PFC

12 Procter & Gamble Health Ltd. PGHL



15 Sonata Software Ltd. SONATSOFTW

16 South Indian Bank Ltd. SOUTHBANK

17 Vedanta Ltd. VEDL




2 Bharat Electronics Ltd. BEL

3 Central Depository Services (India) Ltd. CDSL

4 CESC Ltd. CESC


5 Emami Ltd. EMAMILTD

6 GAIL (India) Ltd. GAIL

7 Hexaware Technologies Ltd. HEXAWARE

8 ICICI Securities Ltd. ISEC

9 Mahindra & Mahindra Financial Services Ltd. M&MFIN

10 MphasiS Ltd. MPHASIS

11 Multi Commodity Exchange of India Ltd. MCX

12 Nestle India Ltd. NESTLEIND

13 RITES Ltd. RITES

14 Strides Pharma Science Ltd. STAR

15 Tata Power Co. Ltd. TATAPOWER

16 Tata Steel Ltd. TATASTEEL

17 Torrent Power Ltd. TORNTPOWER

C. Replacements on account of semi-annual review of strategy indices:

1) NIFTY Alpha Low-Volatility 30



1 Axis Bank Ltd. AXISBANK

2 Bajaj Finserv Ltd. BAJAJFINSV

3 HDFC Bank Ltd. HDFCBANK

4 Housing Development Finance Corporation Ltd. HDFC

5 ICICI Bank Ltd. ICICIBANK

6 ITC Ltd. ITC

7 Kotak Mahindra Bank Ltd. KOTAKBANK

8 Tech Mahindra Ltd. TECHM

9 Titan Company Ltd. TITAN



1 Biocon Ltd. BIOCON

2 Cadila Healthcare Ltd. CADILAHC

3 Cipla Ltd. CIPLA

4 Divi's Laboratories Ltd. DIVISLAB



7 Lupin Ltd. LUPIN

8 MRF Ltd. MRF



2) NIFTY Quality Low-Volatility 30




2 Maruti Suzuki India Ltd. MARUTI




2 Page Industries Ltd. PAGEIND

3) NIFTY Alpha Quality Low-Volatility 30



1 Bajaj Finance Ltd. BAJFINANCE







2 Godrej Consumer Products Ltd. GODREJCP

3 MRF Ltd. MRF

4 Page Industries Ltd. PAGEIND

4) NIFTY Alpha Quality Value Low-Volatility 30



1 Oil & Natural Gas Corporation Ltd. ONGC

2 Reliance Industries Ltd. RELIANCE




2 Sun TV Network Ltd. SUNTV

5) NIFTY100 Quality 30







6) NIFTY Midcap150 Quality 50














2 Gujarat State Petronet Ltd. GSPL


4 Manappuram Finance Ltd. MANAPPURAM


6 Schaeffler India Ltd. SCHAEFFLER

7 Solar Industries India Ltd. SOLARINDS

8 TTK Prestige Ltd. TTKPRESTIG

7) NIFTY500 Value 50



1 Bharti Infratel Ltd. INFRATEL

2 Birlasoft Ltd. BSOFT

3 Dishman Carbogen Amcis Ltd. DCAL

4 India Cements Ltd. INDIACEM






2 Cyient Ltd. CYIENT

3 Edelweiss Financial Services Ltd. EDELWEISS

4 IDFC Ltd. IDFC

5 IIFL Finance Ltd. IIFL

6 PNB Housing Finance Ltd. PNBHOUSING

D. Replacements on account of quarterly review of indices:

1) NIFTY Alpha 50



1 Aavas Financiers Ltd. AAVAS





6 Bajaj Holdings & Investment Ltd. BAJAJHLDNG

7 Can Fin Homes Ltd. CANFINHOME

8 DCB Bank Ltd. DCBBANK


10 InterGlobe Aviation Ltd. INDIGO

11 Justdial Ltd. JUSTDIAL


13 Oberoi Realty Ltd. OBEROIRLTY


15 Prestige Estates Projects Ltd. PRESTIGE


16 Procter & Gamble Health Ltd. PGHL

17 PVR Ltd. PVR

18 REC Ltd. RECLTD

19 Siemens Ltd. SIEMENS


21 UPL Ltd. UPL



1 Ajanta Pharmaceuticals Ltd. AJANTPHARM

2 Alembic Pharmaceuticals Ltd. APLLTD

3 Avenue Supermarts Ltd. DMART

4 Balkrishna Industries Ltd. BALKRISIND

5 Berger Paints India Ltd. BERGEPAINT

6 Bharti Airtel Ltd. BHARTIARTL

7 Coromandel International Ltd. COROMANDEL

8 Deepak Nitrite Ltd. DEEPAKNTR



11 Escorts Ltd. ESCORTS


13 ICICI Securities Ltd. ISEC

14 Metropolis Healthcare Ltd. METROPOLIS


16 Nestle India Ltd. NESTLEIND

17 Rallis India Ltd. RALLIS

18 Relaxo Footwears Ltd. RELAXO

19 Tata Consumer Products Ltd. TATACONSUM


21 Whirlpool of India Ltd. WHIRLPOOL

2) NIFTY High Beta 50



1 Bank of India BANKINDIA

2 Delta Corp Ltd. DELTACORP

3 GMR Infrastructure Ltd. GMRINFRA

4 IDFC Ltd. IDFC

5 Indiabulls Real Estate Ltd. IBREALEST


6 Indiabulls Ventures Ltd. IBVENTURES



9 NCC Ltd. NCC

10 Punjab National Bank PNB


12 Tata Power Co. Ltd. TATAPOWER

13 Union Bank of India UNIONBANK

14 V.I.P. Industries Ltd. VIPIND





3 Bandhan Bank Ltd. BANDHANBNK

4 Equitas Holdings Ltd. EQUITAS

5 Federal Bank Ltd. FEDERALBNK



8 ICICI Prudential Life Insurance Company Ltd. ICICIPRULI

9 JSW Steel Ltd. JSWSTEEL

10 LIC Housing Finance Ltd. LICHSGFIN

11 Max Financial Services Ltd. MFSL



14 Shriram Transport Finance Co. Ltd. SRTRANSFIN

3) NIFTY Low Volatility 50



1 Castrol India Ltd. CASTROLIND

2 City Union Bank Ltd. CUB

3 Godrej Industries Ltd. GODREJIND


5 Mahindra & Mahindra Ltd. M&M


7 Oil India Ltd. OIL

8 Reliance Industries Ltd. RELIANCE



1 Crompton Greaves Consumer Electricals Ltd. CROMPTON


3 Glaxosmithkline Pharmaceuticals Ltd. GLAXO

4 Lupin Ltd. LUPIN

5 Pfizer Ltd. PFIZER

6 Thermax Ltd. THERMAX


8 United Breweries Ltd. UBL

4) NIFTY100 Alpha 30






4 Bajaj Holdings & Investment Ltd. BAJAJHLDNG

5 HDFC Bank Ltd. HDFCBANK


7 InterGlobe Aviation Ltd. INDIGO




11 UPL Ltd. UPL




2 Aurobindo Pharma Ltd. AUROPHARMA

3 Avenue Supermarts Ltd. DMART

4 Biocon Ltd. BIOCON

5 Britannia Industries Ltd. BRITANNIA

6 Cadila Healthcare Ltd. CADILAHC

7 Dabur India Ltd. DABUR





5) NIFTY100 Low Volatility 30



1 Maruti Suzuki India Ltd. MARUTI




6) NIFTY SME EMERGE



1 Ace Integrated Solutions Ltd. ACEINTEG

2 Aurangabad Distillery Ltd. AURDIS

3 CKP Products Ltd. CKPPRODUCT

4 Felix Industries Ltd. FELIX

5 Jet Knitwears Ltd. JETKNIT

6 Mindpool Technologies Ltd. MINDPOOL

7 Mitcon Consultancy & Engineering Services Ltd. MITCON

8 Priti International Ltd. PRITI

9 Shiv Aum Steels Ltd. SHIVAUM

10 Sona Hi Sona Jewellers (Gujarat) Ltd. SONAHISONA

11 Sonam Clock Ltd. SONAMCLOCK

12 Ultra Wiring Connectivity System Ltd. UWCSL



1 Continental Seeds and Chemicals Ltd. CONTI

2 Debock Sales and Marketing Ltd. DSML

3 Emkay Taps and Cutting Tools Ltd. EMKAYTOOLS

4 Ganga Forging Ltd. GANGAFORGE

5 Hindprakash Industries Ltd. HPIL

6 Laxmi Goldorna House Ltd. LGHL

7 Mangalam Global Enterprise Ltd. MGEL

8 Total Transport Systems Ltd. TOTAL

9 Univastu India Ltd. UNIVASTU

No changes are being made to NIFTY Metal, NIFTY Oil & Gas, NIFTY Private Bank,

NIFTY Energy, NIFTY Infrastructure, NIFTY PSE, NIFTY200 Quality 30, NIFTY Aditya

Birla Group, NIFTY Mahindra Group, NIFTY Tata Group and NIFTY Tata Group 25% Cap

indices.

About National Stock Exchange of India Limited (NSE):

National Stock Exchange of India Ltd. (NSE) is the world’s largest derivatives exchange by

trading volume as per the statistics published by Futures Industry Association (FIA) for 2019

and ranked 3rd in the world in the cash equities segment by number of trades as per the

statistics published by the World Federation of Exchanges (WFE). NSE was the first

exchange in India to implement electronic or screen-based trading. It began operations in

1994 and is ranked as the largest stock exchange in India in terms of total and average daily

turnover for equity shares every year since 1995, based on SEBI data. NSE has a fully-

integrated business model comprising exchange listings, trading services, clearing and

settlement services, indices, market data feeds, technology solutions and financial education

offerings. NSE also oversees compliance by trading and clearing members with the rules and

regulations of the exchange. NSE is a pioneer in technology and ensures the reliability and

performance of its systems through a culture of innovation and investment in technology.

NSE believes that the scale and breadth of its products and services, sustained leadership

positions across multiple asset classes in India and globally enable it to be highly reactive to

market demands and changes and deliver innovation in both trading and non-trading

businesses to provide high-quality data and services to market participants and clients.

For more information, please visit: www.nseindia.com

About NSE Indices Limited:

NSE Indices Limited (formerly known as India Index Services & Products Ltd. - IISL), a

subsidiary of NSE, provides a variety of indices and index related services for the capital markets.

The company focuses on the index as a core product. The company owns and manages a portfolio

of indices under the NIFTY brand of NSE, including the flagship index, the NIFTY 50. NIFTY

equity indices comprises of broad-based benchmark indices, sectoral indices, strategy indices,

thematic indices and customised indices. NSE Indices Limited also maintains fixed income indices

based on Government of India securities, corporate bonds, money market instruments and hybrid

indices. Many investment products based on NIFTY indices have been developed within India and

abroad. These include index based derivatives traded on NSE, NSE IFSC and Singapore Exchange

Ltd. (SGX) and a number of index funds and exchange traded funds. The flagship 'NIFTY 50'

index is widely tracked and traded as the benchmark for Indian Capital Markets.

For more information, please visit: www.niftyindices.com

http://www.nseindia.com/

http://www.niftyindices.com/

For any clarifications please contact:

Arijit Sengupta Kumar Kartikey

Chief Marketing & Communications Officer Chief Manager, Corporate Communication

Mobile: +91-9820340485 Mobile: +91-9819549984

Email id: [email protected] Email id: [email protected]

mailto:[email protected]

mailto:[email protected]

Documents

Press Release · 1 Power Grid Corporation of India Ltd. POWERGRID 2 UltraTech Cement Ltd. ULTRACEMCO 27) NIFTY Midcap Liquid 15 The following companies are being excluded: Sr. No