Description

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

Summary

BSE has listed additional equity securities totaling 423,850 shares issued by companies under Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS). All listed securities are subject to lock-in provisions with expiration dates primarily on September 17-18, 2025.

Key Points

  • Total securities listed: 423,850 shares across multiple tranches
  • All securities have lock-in restrictions applicable
  • Lock-in expiry dates range from September 17-18, 2025
  • Securities have been allocated specific ISIN ranges for trading
  • Largest single tranche: 200,000 shares with lock-in until September 18, 2025

Regulatory Changes

No regulatory changes introduced. Standard ESOP/ESOS listing procedures followed.

Compliance Requirements

  • Listed companies must ensure compliance with lock-in provisions
  • Securities cannot be traded until respective lock-in expiry dates
  • Proper disclosure and record maintenance required for ESOP allocations

Important Dates

  • Lock-in expiry: September 17, 2025 (28,000 shares)
  • Lock-in expiry: September 18, 2025 (395,850 shares)
  • Trading eligibility begins after respective lock-in expiry dates

Impact Assessment

Minimal market impact as this represents routine administrative listing of employee stock options. The securities remain locked-in until September 2025, preventing immediate market dilution. Standard procedure for companies utilizing employee incentive schemes.

Impact Justification

Routine administrative circular for ESOP securities listing with standard lock-in provisions