Description
BSE announces listing of further securities issued under Employee Stock Option Plans by 12 companies including Axis Bank, ICICI Prudential Life, and L&T Finance.
Summary
BSE has announced the listing and admission for trading of further securities issued by 12 companies under Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS), effective from Friday, August 1, 2025. The total comprises over 2.26 million shares across various face values.
Key Points
- 12 companies have issued additional securities under ESOP/ESOS schemes
- All securities will be listed and admitted for trading from August 1, 2025
- Largest issuance by L&T Finance Limited with 1,238,524 shares (face value ₹10)
- No securities are under lock-in period
- Securities span various face values from ₹1 to ₹10
Company Details
Major Issuances
- L&T Finance Limited: 1,238,524 shares (₹10 face value)
- 360 ONE WAM LIMITED: 344,361 shares (₹1 face value)
- Axis Bank Ltd: 323,974 shares (₹2 face value)
- Le Travenues Technology Limited (ixigo): 111,644 shares (₹1 face value)
Other Companies
- Geojit Financial Services: 96,667 shares
- ICICI Prudential Life Insurance: 52,467 shares
- JANA Small Finance Bank: 25,032 shares
- KFin Technologies: 20,626 shares
- Campus Activewear: 16,208 shares
- Tata Technologies: 11,137 shares
- Lloyds Metals and Energy: 9,541 shares
- Kirloskar Industries: 1,425 shares
Important Dates
- Notice Date: July 31, 2025
- Effective Trading Date: August 1, 2025
- Lock-in Period: None applicable for any securities
Impact Assessment
This routine listing will increase the free float of shares for these companies, potentially improving liquidity. The absence of lock-in restrictions means these shares can be traded immediately, which may create minor supply pressure but also enhances market depth for the affected securities.
Impact Justification
Routine ESOP listings affecting multiple companies with significant share volumes but no market structure changes