Description
BSE announces listing of additional shares issued by 13 companies under Employee Stock Option Plans, effective August 21, 2025.
Summary
BSE has announced the listing of further securities issued by 13 companies under Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS). These additional shares will be listed and admitted for trading on the exchange effective Thursday, August 21, 2025.
Key Points
- 13 companies are issuing additional shares under ESOP/ESOS schemes
- Total of 1,643,693 new shares to be listed across all companies
- Effective trading date: August 21, 2025
- Most shares have no lock-in period except Transcorp International (lock-in until July 30, 2026)
- Face values range from ₹2 to ₹10 per share
Companies and Share Details
| Company | Scrip Code | New Shares | Face Value | Lock-in Period |
|---|---|---|---|---|
| Max India Limited | 543223 | 23,500 | ₹10 | None |
| AAVAS Financiers Limited | 541988 | 4,448 | ₹10 | None |
| Brigade Enterprises Limited | 532929 | 55,460 | ₹10 | None |
| Equitas Small Finance Bank Limited | 543243 | 45,804 | ₹10 | None |
| Federal Bank Ltd. | 500469 | 546,601 | ₹2 | None |
| India Shelter Finance Corporation Limited | 544044 | 149,450 | ₹5 | None |
| KFin Technologies Limited | 543720 | 14,471 | ₹10 | None |
| Kotak Mahindra Bank Ltd. | 500247 | 132,524 | ₹5 | None |
| Shriram Finance Limited | 511218 | 153,502 | ₹2 | None |
| Transcorp International Ltd. | 532410 | 25,400 | ₹2 | Until July 30, 2026 |
| Welspun Corp Limited | 532144 | 385,000 | ₹5 | None |
| Wipro Ltd. | 507685 | 59,383 | ₹2 | None |
| Zensar Technologies Ltd. | 504067 | 53,150 | ₹2 | None |
Regulatory Changes
No regulatory changes introduced. This is a routine listing notification for ESOP/ESOS shares.
Compliance Requirements
- Trading members are informed of the new listings
- Companies must ensure proper allotment and distribution of shares within specified ranges
- Lock-in compliance required for Transcorp International shares
Important Dates
- August 21, 2025: Effective trading date for all listed ESOP shares
- July 30, 2026: Lock-in period end for Transcorp International shares
Impact Assessment
Minimal market impact expected as these are routine ESOP listings. The additional shares represent employee compensation and may have limited immediate trading volume. Only Transcorp International has a lock-in period, while other companies’ shares are immediately tradeable.
Impact Justification
Routine listing of ESOP shares with minimal market impact