Description
BSE announces listing and admission for trading of 1,195,203 new equity shares issued by 10 companies under Employee Stock Option Plans, effective October 27, 2025.
Summary
BSE has listed and admitted for trading 1,195,203 new equity shares issued by 10 companies under their Employee Stock Option Plans (ESOP/ESOS). These securities will commence trading on Monday, October 27, 2025. None of the shares are subject to lock-in restrictions.
Key Points
- Total of 10 companies issuing new securities under ESOP/ESOS schemes
- Total shares listed: 1,195,203 shares across all companies
- No lock-in period applicable for any of the listed securities
- ITC Limited has the highest issuance with 707,230 shares (Face Value ₹1)
- Veranda Learning Solutions Limited issued 113,284 shares (Face Value ₹10)
- ICICI Prudential Life Insurance issued 120,080 shares (Face Value ₹10)
- All shares are admitted for regular trading without restrictions
Company-wise Details
| Company | Scrip Code | Shares Issued | Face Value (₹) |
|---|---|---|---|
| Carborundum Universal Ltd. | 513375 | 2,000 | 1 |
| Equitas Small Finance Bank Limited | 543243 | 11,501 | 10 |
| ICICI Prudential Life Insurance Company Limited | 540133 | 120,080 | 10 |
| ITC Ltd | 500875 | 707,230 | 1 |
| Metro Brands Limited | 543426 | 15,697 | 5 |
| Poonawalla Fincorp Limited | 524000 | 88,020 | 2 |
| Tech Mahindra Limited | 532755 | 53,219 | 5 |
| Varun Beverages Limited | 540180 | 27,500 | 2 |
| Veranda Learning Solutions Limited | 543514 | 113,284 | 10 |
| Wipro Ltd. | 507685 | 58,672 | 2 |
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for employee stock option conversions.
Compliance Requirements
- Trading members are informed to update their systems to reflect the new securities
- Companies have complied with listing requirements for ESOP share issuances
- No additional compliance actions required from market participants
Important Dates
- Notice Date: October 24, 2025
- Trading Commencement Date: Monday, October 27, 2025
- Lock-in Expiry: Not applicable (NA) - no lock-in period for any securities
Impact Assessment
Market Impact: Minimal. The share issuances represent routine ESOP conversions and are relatively small compared to the existing share capital of these established companies. The largest issuance (ITC with 707,230 shares) is negligible relative to ITC’s total outstanding shares.
Liquidity Impact: Negligible impact on stock liquidity as the number of shares being listed is small for each company.
Dilution Impact: Very minor dilution for existing shareholders, ranging from 0.0002% to 0.01% depending on the company’s existing share capital.
Trading Impact: No trading restrictions or lock-in periods mean shares are immediately available for trading, but the volume is unlikely to materially affect market prices.
Impact Justification
Routine listing of ESOP shares with minimal market impact; represents small number of shares relative to existing float for each company with no lock-in restrictions.