Description

BSE announces listing and trading admission of further securities issued under ESOP/ESOS by six companies effective October 17, 2025, including AAVAS Financiers, ICICI Lombard, NIIT Learning, Suprajit Engineering, Suzlon Energy, and Tejas Networks.

Summary

BSE has announced the listing and admission for trading of further securities issued by six companies under their Employee Stock Option Plan (ESOP) and Employee Stock Option Scheme (ESOS). The securities will be available for trading from Friday, October 17, 2025. All newly listed shares have no lock-in period restrictions.

Key Points

  • AAVAS Financiers Limited: 5,459 shares (Face Value ₹10, ISIN: INE216P01012, Scrip: 541988)
  • ICICI Lombard General Insurance Company Limited: 13,958 shares (Face Value ₹10, ISIN: INE765G01017, Scrip: 540716)
  • NIIT Learning Systems Limited: 25,000 shares (Face Value ₹2, ISIN: INE342G01023, Scrip: 543952)
  • Suprajit Engineering Ltd: 10,144 shares (Face Value ₹1, ISIN: INE399C01030, Scrip: 532509)
  • Suzlon Energy Ltd: 1,248,000 shares (Face Value ₹2, ISIN: INE040H01021, Scrip: 532667)
  • Tejas Networks Limited: 29,116 shares (Face Value ₹10, ISIN: INE010J01012, Scrip: 540595)
  • No lock-in period applies to any of the securities
  • Total distinctive numbers assigned for each allotment

Regulatory Changes

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

Compliance Requirements

  • Trading members are informed of the new securities availability
  • Securities are immediately tradable with no restrictions
  • Companies have completed their ESOP/ESOS allotment formalities

Important Dates

  • Notice Date: October 16, 2025
  • Trading Commencement Date: Friday, October 17, 2025
  • Lock-in Period: Not Applicable (NA) for all securities

Impact Assessment

The market impact is minimal as these are routine ESOP/ESOS allotments representing employee compensation conversions. The largest allotment is Suzlon Energy with 1.248 million shares, which is typically a small percentage of total outstanding shares. The absence of lock-in periods means shares are immediately available for trading, though employee stock options are generally held for longer periods. This is a standard corporate action with no material effect on market operations or trading dynamics.

Impact Justification

Routine listing of employee stock option shares with no lock-in period. Minimal market impact as these are small allotments relative to total shares outstanding.