Description

BSE notifies the listing and admission for trading of new securities issued under ESOP/ESOS schemes by six companies, effective October 17, 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). The new shares will be available for trading from Friday, October 17, 2025. All listed securities have no lock-in period restrictions.

Key Points

  • Six companies are listing additional equity shares issued under ESOP/ESOS schemes
  • Total of 1,331,677 shares being listed across all companies
  • SUZLON ENERGY LTD. has the largest issuance with 1,248,000 shares (face value ₹2)
  • All securities are admitted for trading with effect from October 17, 2025
  • None of the newly issued securities are under lock-in period
  • Notice issued by Mr. Kinnar Mehta, Assistant Vice President, BSE

Company-wise Details

  1. AAVAS Financiers Limited (ISIN: INE216P01012, Scrip: 541988)

    • Shares: 5,459 | Face Value: ₹10
    • Distinctive Numbers: 79161354 to 79166812

  2. ICICI Lombard General Insurance Company Limited (ISIN: INE765G01017, Scrip: 540716)

    • Shares: 13,958 | Face Value: ₹10
    • Distinctive Numbers: 497562174 to 497576131

  3. NIIT Learning Systems Limited (ISIN: INE342G01023, Scrip: 543952)

    • Shares: 25,000 | Face Value: ₹2
    • Distinctive Numbers: 137069782 to 137094781

  4. Suprajit Engineering Ltd. (ISIN: INE399C01030, Scrip: 532509)

    • Shares: 10,144 | Face Value: ₹1
    • Distinctive Numbers: 140161004 to 140171147

  5. SUZLON ENERGY LTD. (ISIN: INE040H01021, Scrip: 532667)

    • Shares: 1,248,000 | Face Value: ₹2
    • Distinctive Numbers: 14016760823 to 14018008822

  6. Tejas Networks Limited (ISIN: INE010J01012, Scrip: 540595)

    • Shares: 29,116 | Face Value: ₹10
    • Distinctive Numbers: 209571228 to 209600343

Regulatory Changes

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

Compliance Requirements

  • Trading members are informed to note the new securities for trading purposes
  • Standard trading and settlement procedures apply to these newly listed securities
  • No special compliance requirements as there are no lock-in restrictions

Important Dates

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

Impact Assessment

The impact of this listing is expected to be minimal on the overall market. The addition of these shares represents a small percentage increase in the outstanding equity of the respective companies. SUZLON ENERGY has the largest absolute number of shares being listed (1.248 million), but this is relatively small compared to its total outstanding shares of over 14 billion. The absence of lock-in restrictions means these shares can be traded immediately, but given the moderate quantities involved, significant price volatility is not anticipated. This is a routine corporate action related to employee compensation schemes.

Impact Justification

Routine listing of ESOP/ESOS shares with no lock-in restrictions; minimal market impact expected from these additional shares.