Description
BSE announces listing and admission for trading of further securities issued by 9 companies under ESOP/ESOS schemes, effective October 24, 2025.
Summary
BSE has listed further securities issued by 9 companies under their Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS). These securities will be available for trading on the Exchange with effect from Friday, October 24, 2025. All listed securities have no lock-in period restrictions.
Key Points
- 9 companies have issued further securities under ESOP/ESOS schemes
- Total of 1,677,386 shares being listed across all companies
- Trading commences on October 24, 2025
- No lock-in periods apply to any of the listed securities
- Face values range from Re 1 to Rs 10 depending on the company
- India Shelter Finance Corporation has two separate tranches listed
Securities Details
| Company | ISIN | Scrip Code | Shares | Face Value |
|---|---|---|---|---|
| Ashok Leyland Ltd. | INE208A01029 | 500477 | 400,000 | 1 |
| Devyani International Limited | INE872J01023 | 543330 | 935,000 | 1 |
| ESAF Small Finance Bank Ltd | INE818W01011 | 544020 | 35,058 | 10 |
| Go Digit General Insurance Limited | INE03JT01014 | 544179 | 22,438 | 10 |
| India Shelter Finance Corporation Limited (Tranche 1) | INE922K01024 | 544044 | 24,640 | 5 |
| India Shelter Finance Corporation Limited (Tranche 2) | INE922K01024 | 544044 | 25,950 | 5 |
| KFin Technologies Limited | INE138Y01010 | 543720 | 33,993 | 10 |
| Shriram Finance Limited | INE721A01047 | 511218 | 100,307 | 2 |
| Star Health and Allied Insurance Company Limited | INE575P01011 | 543412 | 100,000 | 10 |
Regulatory Changes
No regulatory changes introduced. This is a routine listing notification for securities issued under existing ESOP/ESOS frameworks.
Compliance Requirements
No specific compliance requirements for trading members. This is an informational notice regarding the availability of new securities for trading.
Important Dates
- Notice Date: October 23, 2025
- Trading Commencement Date: October 24, 2025
- Lock-in Period: None (NA for all securities)
Impact Assessment
Market Impact: Minimal. This is a routine listing of employee stock options that results in minor dilution of existing shareholding across the affected companies. The relatively small number of shares (largest being 935,000 shares for Devyani International) suggests limited impact on share prices and trading volumes.
Operational Impact: None. Trading members do not need to take any specific action. The securities will be available for normal trading through existing systems and processes.
Shareholder Impact: Minor dilution effect for existing shareholders of the 9 companies listed, which is a standard outcome of ESOP/ESOS schemes being exercised by employees.
Impact Justification
Routine listing of employee stock option securities with no lock-in periods. Impacts only specific company shareholders through dilution but does not affect broader market operations or require compliance actions from members.