Description

BSE announces listing of 952,001 new equity shares issued under ESOP/ESOS schemes by six companies including ICICI Bank, ICICI Prudential Life, Arvind Fashions, and others, effective October 9, 2025.

Summary

BSE has announced the listing and admission for trading of further securities issued by six companies under their Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS). A total of 952,001 new equity shares across the six companies will be available for trading with effect from Thursday, October 9, 2025. None of the newly listed shares are under lock-in restrictions.

Key Points

  • ICICI Bank Ltd. - 519,475 shares (Face Value: ₹2) - Scrip Code: 532174
  • Shriram Properties Limited - 301,485 shares (Face Value: ₹10) - Scrip Code: 543419
  • ICICI Prudential Life Insurance Company Limited - 15,161 shares (Face Value: ₹10) - Scrip Code: 540133
  • Intense Technologies - 93,750 shares (Face Value: ₹2) - Scrip Code: 532326
  • IRIS Business Services Limited - 20,130 shares (Face Value: ₹10) - Scrip Code: 540735
  • Arvind Fashions Limited - 3,000 shares (Face Value: ₹4) - Scrip Code: 542484
  • All securities are listed without any lock-in period
  • Trading effective date: October 9, 2025

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for shares issued under existing ESOP/ESOS frameworks.

Compliance Requirements

  • Trading members are informed to update their systems to reflect the new securities
  • Companies must ensure proper dematerialization and allocation of distinctive numbers as specified
  • Standard compliance with SEBI ESOP regulations already in place

Important Dates

  • Notice Date: October 8, 2025
  • Trading Commencement Date: October 9, 2025 (Thursday)
  • Lock-in Period: Not Applicable (NA) for all six companies

Impact Assessment

Market Impact: Minimal. The issuance represents routine ESOP/ESOS exercise conversions with relatively small quantities compared to the total outstanding shares of these companies, particularly for large-cap entities like ICICI Bank. The absence of lock-in restrictions means these shares are immediately available for trading, though dilution impact is negligible.

Operational Impact: Standard operational update for trading members to recognize new ISIN quantities. No special trading arrangements or restrictions apply.

Impact Justification

Routine listing of ESOP/ESOS shares with no lock-in restrictions. Minor impact on overall share capital and free float for these companies.