Description

BSE lists additional securities issued by 12 companies under their Employee Stock Option Plans (ESOP/ESOS), effective October 16, 2025, comprising a total of 1,172,968 shares across various sectors.

Summary

BSE has listed further securities issued by 12 companies under their Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS). The newly issued shares totaling 1,172,968 shares will be admitted for trading on the Exchange with effect from Thursday, October 16, 2025. The listing includes major companies like ICICI Bank (519,159 shares), Unicommerce eSolutions (2,065,664 shares), Delhivery (238,736 shares), and EPACK Durable (260,748 shares), among others.

Key Points

  • Total of 12 companies listing additional shares issued under ESOP/ESOS schemes
  • Effective trading date: October 16, 2025
  • Largest share issuance: Unicommerce eSolutions Limited with 2,065,664 shares (face value ₹1)
  • ICICI Bank issuing 519,159 shares (face value ₹2)
  • Delhivery Limited issuing 238,736 shares (face value ₹1)
  • EPACK Durable Limited issuing 260,748 shares (face value ₹10)
  • Only one company has lock-in period: Gufic BioSciences (5,000 shares locked until September 11, 2028)
  • All other companies have no lock-in restrictions (marked as NA)
  • Face values range from ₹1 to ₹10 depending on the company

Regulatory Changes

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

Compliance Requirements

  • Trading members are informed of the new securities available for trading
  • No specific compliance actions required from trading members
  • Companies have fulfilled listing requirements for ESOP/ESOS issued shares

Important Dates

  • Notice Date: October 15, 2025
  • Listing and Trading Commencement: October 16, 2025 (Thursday)
  • Lock-in Expiry (Gufic BioSciences only): September 11, 2028

Impact Assessment

Market Impact: Minimal. The listing of ESOP shares is a routine corporate action that increases the outstanding share count marginally for each company. The dilution effect is generally small and already anticipated by the market as part of employee compensation practices.

Liquidity Impact: Negligible immediate impact on liquidity. ESOP shares typically have lock-in periods (though most in this notice have none), and employees may not immediately sell their holdings.

Company-Specific Impact:

  • ICICI Bank: 519,159 shares represent minimal dilution given its large outstanding share base
  • Unicommerce eSolutions: 2,065,664 shares (largest issuance) may have slightly higher dilution impact for this relatively newer listing
  • Other companies: Share issuances range from 2,200 to 260,748 shares, representing routine ESOP grants

Operational Impact: None. Trading members can begin trading these securities from October 16, 2025, through normal trading systems without any special procedures.

Impact Justification

Routine listing of ESOP shares with minimal market impact; increases outstanding shares marginally for 12 companies but does not affect trading operations or require compliance actions from members.