Description

Listing and admission for trading of new securities issued under ESOP/ESOS schemes by 9 companies including Ashok Leyland, Devyani International, ESAF Small Finance Bank, Go Digit General Insurance, India Shelter Finance, KFin Technologies, Shriram Finance, and Star Health and Allied Insurance, effective October 24, 2025.

Summary

BSE has announced the listing and admission for trading of further securities issued by 9 companies under their Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS). The new securities will be available for trading effective Friday, October 24, 2025. All listed securities have no lock-in period restrictions.

Key Points

  • 9 companies issuing new securities under ESOP/ESOS schemes
  • Total securities: Ashok Leyland (400,000 shares), Devyani International (935,000 shares), ESAF Small Finance Bank (35,058 shares), Go Digit General Insurance (22,438 shares), India Shelter Finance (24,640 + 25,950 shares), KFin Technologies (33,993 shares), Shriram Finance (100,307 shares), Star Health and Allied Insurance (100,000 shares)
  • All securities have no lock-in period (NA)
  • Face values range from Re 1 to Rs 10 per share
  • Distinct ISIN numbers provided for each company
  • Circular issued by Kinnar Mehta, Assistant Vice President, BSE Limited

Regulatory Changes

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

Compliance Requirements

  • Trading members are informed to note the listing of these securities in their systems
  • Securities are immediately tradable with no restrictions
  • Companies have completed necessary listing formalities for ESOP/ESOS allotments

Important Dates

  • Notice Date: October 23, 2025
  • Trading Commencement: Friday, October 24, 2025
  • Lock-in Period: None (NA for all securities)

Impact Assessment

Minimal market impact expected. These are routine ESOP/ESOS exercise listings representing small percentages of total outstanding shares for each company. The securities are immediately tradable with no lock-in restrictions, allowing employee shareholders to transact freely. No dilution concerns as these shares were already accounted for in the companies’ authorized capital structures. Standard operational update for trading members with no compliance burden beyond system updates.

Impact Justification

Routine listing of ESOP/ESOS shares with no lock-in period. Minimal market impact as these are small quantities relative to outstanding shares of established companies.