Description

BSE circular detailing the listing of additional securities issued by companies under Employee Stock Option Plans and Employee Stock Option Schemes.

Summary

BSE has listed additional securities issued by companies under Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS). The circular details 12 separate issuances totaling 423,850 shares with lock-in provisions and specific share number ranges.

Key Points

  • Total of 423,850 shares issued across 12 different tranches
  • All securities subject to lock-in provisions
  • Lock-in expiry dates primarily on September 17-18, 2025
  • Share issuances range from 1,000 to 200,000 shares per tranche
  • Specific share number ranges provided for each issuance

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Companies must adhere to lock-in period requirements
  • Shares cannot be traded until respective lock-in expiry dates
  • Companies must maintain proper records of share number ranges

Important Dates

  • September 17, 2025: Lock-in expiry for 2 tranches (28,000 shares)
  • September 18, 2025: Lock-in expiry for 10 tranches (395,850 shares)

Impact Assessment

Moderate impact on market liquidity as these securities will become tradeable after lock-in expiry. The staggered release over two days in September 2025 may provide orderly market entry for these employee-allocated securities.

Impact Justification

Regular listing of employee stock option securities with standard lock-in provisions