Description

BSE announces listing of additional securities from 9 companies including CARE Ratings, Federal Bank, ICICI Bank, Marico, and others under employee stock option schemes effective July 29, 2025.

Summary

BSE has announced the listing of additional securities issued by 9 companies under Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS). These securities will be listed and admitted for trading with effect from Tuesday, July 29, 2025. All listed shares have no lock-in period restrictions.

Key Points

  • 9 companies are listing additional securities under ESOP/ESOS schemes
  • Total of 2,918,341 new shares being listed across all companies
  • Largest allocation: Marico Limited with 1,826,069 shares
  • All securities have face values of Rs. 1, Rs. 2, or Rs. 10
  • No lock-in period applies to any of the listed securities
  • Effective trading date: July 29, 2025

Company Details

Major Listings:

  • Marico Limited (MARICO): 1,826,069 shares (Rs. 1 face value)
  • ICICI Bank Ltd (ICICIBANK): 416,925 shares (Rs. 2 face value)
  • Federal Bank Ltd (FEDERALBNK): 373,493 shares (Rs. 2 face value)
  • Restaurant Brands Asia Limited (RBA): 105,832 shares (Rs. 10 face value)
  • Finkurve Financial Services Limited: 97,500 shares (Rs. 1 face value)

Other Companies:

  • CARE Ratings Limited: 16,433 shares
  • Godrej Consumer Products Ltd: 66,379 shares
  • Kansai Nerolac Paints: 11,837 shares
  • Polycab India Limited: 10,855 shares

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification under existing ESOP/ESOS regulations.

Compliance Requirements

  • Trading members are informed of the new securities available for trading
  • Companies must ensure proper disclosure of ESOP/ESOS allotments
  • Standard listing compliance requirements apply

Important Dates

  • Notice Date: July 28, 2025
  • Effective Trading Date: July 29, 2025
  • Lock-in Period: None applicable (NA for all companies)

Impact Assessment

Minimal market impact expected as these are routine ESOP/ESOS share listings. The additional shares represent employee compensation conversions and are typically absorbed by the market without significant price volatility. Marico’s large allocation of 1.8 million shares may have slight dilutive effect but is standard for large-scale employee option exercises.

Impact Justification

Routine listing of employee stock option shares with no lock-in period and minimal market impact