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 Plans (ESOP) and Employee Stock Option Schemes (ESOS). These securities will be available for trading effective from Friday, October 17, 2025. The listing includes shares from AAVAS Financiers Limited, ICICI Lombard General Insurance Company Limited, NIIT Learning Systems Limited, Suprajit Engineering Ltd., Suzlon Energy Ltd., and Tejas Networks Limited. None of the newly listed shares are subject to lock-in restrictions.

Key Points

  • Six companies are listing further securities issued under ESOP/ESOS schemes
  • Trading Members are informed that these securities are admitted for trading on BSE
  • Effective date for trading: Friday, October 17, 2025
  • None of the listed securities have lock-in restrictions (all marked as NA)
  • Total of 1,331,677 shares across all six companies
  • Largest issuance: Suzlon Energy Ltd. with 1,248,000 shares (Face Value: Rs. 2)

Regulatory Changes

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

Compliance Requirements

  • Trading Members must note the listing of these new securities in their systems
  • Updated scrip details must be incorporated for trading purposes from October 17, 2025
  • Members should ensure proper identification using the provided ISIN and Scrip Codes

Important Dates

  • Notice Date: October 16, 2025
  • Listing and Trading Effective Date: October 17, 2025 (Friday)

Impact Assessment

Market Impact: Low. This is a routine corporate action involving employee stock option exercises. The number of shares being listed represents a small fraction of the outstanding equity for each company.

Company-Specific Details:

  1. AAVAS Financiers Limited (ISIN: INE216P01012, Code: 541988): 5,459 shares, FV Rs. 10, Range: 79161354-79166812
  2. ICICI Lombard General Insurance (ISIN: INE765G01017, Code: 540716): 13,958 shares, FV Rs. 10, Range: 497562174-497576131
  3. NIIT Learning Systems Limited (ISIN: INE342G01023, Code: 543952): 25,000 shares, FV Rs. 2, Range: 137069782-137094781
  4. Suprajit Engineering Ltd. (ISIN: INE399C01030, Code: 532509): 10,144 shares, FV Rs. 1, Range: 140161004-140171147
  5. Suzlon Energy Ltd. (ISIN: INE040H01021, Code: 532667): 1,248,000 shares, FV Rs. 2, Range: 14016760823-14018008822
  6. Tejas Networks Limited (ISIN: INE010J01012, Code: 540595): 29,116 shares, FV Rs. 10, Range: 209571228-209600343

Liquidity Impact: Minimal immediate impact on liquidity as these are relatively small issuances spread across six companies. No lock-in periods means shares are immediately available for trading, though typical ESOP exercise patterns suggest gradual market entry.

Impact Justification

Routine administrative listing of employee stock option exercises across six companies. Total shares being listed represent small percentages of outstanding shares and have no lock-in restrictions. No immediate market impact expected.