Description
BSE lists additional securities from 13 companies issued under employee stock option plans, effective August 21, 2025.
Summary
BSE has listed additional securities from 13 companies issued under Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS). These securities will be available for trading effective August 21, 2025.
Key Points
- 13 companies have issued additional securities under ESOP/ESOS programs
- Total securities being listed vary by company, ranging from 4,448 to 546,601 shares
- Face values range from ₹2 to ₹10 per share
- Only Transcorp International Ltd. has lock-in restrictions until July 30, 2026
- All other securities have no lock-in restrictions (marked as NA)
Companies and Securities Details
- Max India Limited: 23,500 shares (₹10 face value)
- AAVAS Financiers Limited: 4,448 shares (₹10 face value)
- Brigade Enterprises Limited: 55,460 shares (₹10 face value)
- Equitas Small Finance Bank Limited: 45,804 shares (₹10 face value)
- Federal Bank Ltd.: 546,601 shares (₹2 face value)
- India Shelter Finance Corporation Limited: 149,450 shares (₹5 face value)
- KFin Technologies Limited: 14,471 shares (₹10 face value)
- Kotak Mahindra Bank Ltd.: 132,524 shares (₹5 face value)
- Shriram Finance Limited: 153,502 shares (₹2 face value)
- Transcorp International Ltd.: 25,400 shares (₹2 face value, lock-in until July 30, 2026)
- Welspun Corp Limited: 385,000 shares (₹5 face value)
- Wipro Ltd.: 59,383 shares (₹2 face value)
- Zensar Technologies Ltd.: 53,150 shares (₹2 face value)
Important Dates
- Trading Commencement: August 21, 2025
- Lock-in Expiry: July 30, 2026 (only for Transcorp International Ltd.)
Impact Assessment
This is a routine administrative listing with minimal market impact. The securities represent employee stock options being converted to tradeable shares, which is a normal corporate activity that increases the total outstanding shares of these companies marginally.
Impact Justification
Routine listing of ESOP securities with limited market impact