Description

BSE notifies the listing and admission for trading of further securities issued under ESOP/ESOS by 7 companies including Aditya Birla Sun Life AMC, Artemis Medicare, AXIS Bank, CARE Ratings, ICICI Bank, Karnataka Bank, and Sequent Scientific, effective October 29, 2025.

Summary

BSE has notified trading members that further securities issued by 7 companies under their Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS) have been listed and admitted for trading on the exchange effective Wednesday, October 29, 2025. The notification covers a total of 516,879 new shares across companies including major banks and financial services entities. None of the newly listed shares are under lock-in restrictions.

Key Points

  • 7 companies have listed further securities issued under ESOP/ESOS schemes
  • Total of 516,879 new shares listed across all companies
  • Effective date for trading: October 29, 2025
  • No lock-in restrictions apply to any of the listed securities
  • Companies include: Aditya Birla Sun Life AMC (16,824 shares), Artemis Medicare Services (306,000 shares), AXIS Bank (34,099 shares), CARE Ratings (12,100 shares), ICICI Bank (18,908 shares), Karnataka Bank (18,948 shares), and Sequent Scientific (110,000 shares)
  • Face values range from Re 1 to Rs 10 per share depending on the company

Regulatory Changes

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

Compliance Requirements

  • Trading members are informed to note the listing of these securities
  • Updated ISIN and scrip codes provided for trading systems
  • Distinct number ranges allocated for tracking the new shares

Important Dates

  • Notice Date: October 28, 2025
  • Effective Trading Date: October 29, 2025
  • Lock-in Expiry: Not applicable (NA) - no lock-in restrictions

Impact Assessment

Market Impact: Minimal. The issuance represents routine ESOP/ESOS conversions with relatively small share quantities that are unlikely to materially affect trading volumes or stock prices.

Operational Impact: Trading members need to update their systems with the new share allocation details and distinct number ranges. The shares will be immediately tradable without restrictions.

Investor Impact: Existing shareholders may experience marginal dilution, though the quantities are small relative to typical outstanding shares of these companies, particularly the large banks like AXIS Bank and ICICI Bank.

Impact Justification

Routine administrative notification of ESOP/ESOS securities listing with minimal market impact; shares not under lock-in and represent small fractions of total outstanding shares