Description

BSE announces listing of further securities issued by 12 companies under Employee Stock Option Plans/Schemes, effective October 16, 2025, including major institutions like ICICI Bank, Axis Bank, and Delhivery.

Summary

BSE has announced the listing of further securities issued by 12 companies under their Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS). These new securities will be listed and admitted for trading on the Exchange effective Thursday, October 16, 2025. The listing covers a total of 1,175,618 shares across various companies, with face values ranging from Re. 1 to Rs. 10.

Key Points

  • 12 companies are listing additional equity shares issued under ESOP/ESOS schemes
  • Effective listing date: October 16, 2025
  • Total shares being listed: 1,175,618 shares
  • ICICI Bank has the largest allocation with 519,159 shares
  • UNICOMMERCE ESOLUTIONS has the second-largest with 2,065,664 shares (face value Re. 1)
  • Only Gufic BioSciences shares have lock-in restrictions (until September 11, 2028)
  • All other shares have no lock-in period (NA)

Companies and Share Details

  1. ACUTAAS CHEMICALS LIMITED (543349): 2,200 shares, Face Value Rs. 5
  2. Arvind Fashions Limited (542484): 3,000 shares, Face Value Rs. 4
  3. AXIS Bank Ltd. (532215): 66,353 shares, Face Value Rs. 2
  4. CreditAccess Grameen Ltd. (541770): 24,415 shares, Face Value Rs. 10
  5. Delhivery Limited (543529): 238,736 shares, Face Value Re. 1
  6. EPACK Durable Limited (544095): 260,748 shares, Face Value Rs. 10
  7. Gufic BioSciences Ltd. (509079): 5,000 shares, Face Value Re. 1 (Lock-in until Sept 11, 2028)
  8. ICICI Bank Ltd. (532174): 519,159 shares, Face Value Rs. 2
  9. ICICI Prudential Life Insurance Company Limited (540133): 17,248 shares, Face Value Rs. 10
  10. Mastek Limited (523704): 5,932 shares, Face Value Rs. 5
  11. Tracxn Technologies Limited (543638): 30,164 shares, Face Value Re. 1
  12. UNICOMMERCE ESOLUTIONS LIMITED (544227): 2,065,664 shares, Face Value Re. 1

Regulatory Changes

No regulatory changes. This is a routine listing notification for employee stock option exercises.

Compliance Requirements

  • Trading members are informed of the new securities available for trading
  • Companies must ensure proper disclosure of the new securities in their shareholding patterns
  • Gufic BioSciences must maintain lock-in restrictions until September 11, 2028

Important Dates

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

Impact Assessment

Market Impact: Minimal. The issuance of shares under ESOP/ESOS is a routine corporate action reflecting employee compensation and retention strategies. The quantities involved represent a small fraction of the total outstanding shares for these companies.

Liquidity Impact: Negligible increase in float for listed companies. Most shares have no lock-in restrictions and can be traded immediately.

Dilution Impact: Minor dilution for existing shareholders. For example, ICICI Bank’s 519,159 shares represent minimal dilution given its large market capitalization.

Investor Consideration: This is routine administrative information. ESOP issuances are typically positive signals indicating employee retention and alignment with shareholder interests.

Impact Justification

Routine listing of ESOP shares with minimal market impact. While involving major companies like ICICI Bank and Axis Bank, the share quantities are relatively small compared to total outstanding shares and represent normal employee compensation activities.