Description
BSE announcement detailing the listing of additional securities issued under Employee Stock Option Plans with lock-in periods and distribution ranges.
Summary
BSE has listed additional securities issued under Employee Stock Option Plans (ESOP/ESOS) with specified lock-in periods and distribution ranges. The listing covers 423,850 shares across 12 different tranches with lock-in expiry dates primarily set for September 2025.
Key Points
- Total of 423,850 shares listed under ESOP/ESOS
- 12 separate tranches with varying quantities from 1,000 to 200,000 shares
- All shares subject to lock-in restrictions
- Lock-in expiry dates: September 17-18, 2025
- Specific distribution ranges assigned from 12525373092 to 12526646621
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Companies must adhere to lock-in restrictions until expiry dates
- Proper maintenance of distribution ranges as specified
- Compliance with ESOP/ESOS regulations
Important Dates
- Lock-in expiry: September 17, 2025 (2 tranches)
- Lock-in expiry: September 18, 2025 (10 tranches)
Impact Assessment
Minimal market impact as this is a routine administrative listing of employee stock options. The lock-in periods ensure controlled release of shares into the market, preventing immediate trading pressure.
Impact Justification
Routine listing of employee stock options with standard lock-in periods