Description
Nine companies including CARE Ratings, Federal Bank, and ICICI Bank have listed additional shares issued under employee stock option schemes, effective July 29, 2025.
Summary
BSE has approved the listing of additional equity shares issued by nine companies under their Employee Stock Option Plan (ESOP) and Employee Stock Option Scheme (ESOS) programs. The new securities will be available for trading from Tuesday, July 29, 2025. None of the shares are subject to lock-in restrictions.
Key Points
- Nine companies have listed additional shares under ESOP/ESOS programs
- Total of 2,924,331 new shares across all companies
- All shares have face values of ₹1, ₹2, or ₹10
- No lock-in restrictions apply to any of the listed shares
- Trading commences July 29, 2025
Companies and Share Details
- CARE Ratings Limited: 16,433 shares (₹10 face value)
- Federal Bank Ltd: 373,493 shares (₹2 face value)
- Finkurve Financial Services: 97,500 shares (₹1 face value)
- Godrej Consumer Products: 66,379 shares (₹1 face value)
- ICICI Bank Ltd: 416,925 shares (₹2 face value)
- Kansai Nerolac Paints: 11,837 shares (₹1 face value)
- Marico Limited: 1,826,069 shares (₹1 face value)
- Polycab India Limited: 10,855 shares (₹10 face value)
- Restaurant Brands Asia: 105,832 shares (₹10 face value)
Important Dates
- Notice Date: July 28, 2025
- Trading Commencement: July 29, 2025
- Lock-in Period: Not applicable for any shares
Impact Assessment
This is a routine administrative listing with minimal market impact. The shares represent employee compensation through stock option programs and will increase the total tradeable float for each company. The absence of lock-in restrictions means all shares are immediately available for trading.
Impact Justification
Routine listing of employee stock option shares with no lock-in restrictions and minimal market impact