Description
BSE lists additional shares from employee stock option plans for 13 companies including Max India, AAVAS Financiers, and Brigade Enterprises, effective August 21, 2025.
Summary
BSE has announced the listing of additional securities issued by 13 companies under their Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS), effective from August 21, 2025. The listing includes shares from major companies across banking, finance, and technology sectors.
Key Points
- 13 companies have issued additional shares under ESOP/ESOS schemes
- Total shares being listed: 1,648,693 shares across all companies
- Effective trading date: August 21, 2025
- Face values range from ₹2 to ₹10 per share
- Only one company (Transcorp International) has shares under lock-in period until July 30, 2026
- All other companies have no lock-in restrictions (marked as “NA”)
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members are informed about the new securities admission for trading
- Companies must ensure proper listing compliance for ESOP/ESOS issued shares
- Lock-in period compliance required for Transcorp International shares
Important Dates
- August 21, 2025: Effective date for trading of newly listed ESOP/ESOS shares
- July 30, 2026: Lock-in period expiry for Transcorp International shares
Impact Assessment
Minimal market impact expected as these are routine ESOP/ESOS share listings. The additional shares represent employee compensation and may lead to slight dilution in shareholding for existing investors. The lock-in period for Transcorp International provides price stability until 2026.
Impact Justification
Routine listing of employee stock option shares with minimal market impact