Description

BSE announces listing of additional shares issued under employee stock option plans by 13 companies including HDFC Bank, ICICI Bank, ITC Hotels and others, effective October 31, 2025.

Summary

BSE has announced the listing of further securities issued by 13 companies under their Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS). These shares will be listed and admitted for trading on the Exchange effective Friday, October 31, 2025. All listed securities have no lock-in period restrictions.

Key Points

  • 13 companies issuing additional shares through ESOP/ESOS schemes
  • Largest issuance: HDFC Bank Ltd. with 12,994,998 shares (Face Value: ₹1)
  • Total shares across all companies: Approximately 14.6 million shares
  • All shares are freely tradable with no lock-in period (NA for all entries)
  • Trading commences on October 31, 2025
  • Notice issued by Kinnar Mehta, Assistant Vice President, BSE Limited

Companies and Share Details

  1. Cyient Limited - 3,244 shares (FV: ₹5)
  2. FSN E-Commerce Ventures Limited (Nykaa) - 321,070 shares (FV: ₹1)
  3. HDFC Bank Ltd. - 12,994,998 shares (FV: ₹1)
  4. ICICI Bank Ltd. - 736,701 shares (FV: ₹2)
  5. ICICI Lombard General Insurance - 138,414 shares (FV: ₹10)
  6. ITC Hotels Limited - 8,510 shares (FV: ₹1)
  7. Jana Small Finance Bank Limited - 20,011 shares (FV: ₹10)
  8. Jyoti Structures Ltd. - 311,333 shares (FV: ₹2)
  9. NIIT Ltd. - 80,000 shares (FV: ₹2)
  10. Oracle Financial Services Software Limited - 69,484 shares (FV: ₹5)
  11. UNO Minda Limited - 607,938 shares (FV: ₹2)
  12. WSFX Global Pay Limited - 36,000 shares (FV: ₹10)
  13. Zensar Technologies Ltd. - 9,465 shares (FV: ₹2)

Regulatory Changes

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

Compliance Requirements

  • Trading members are informed of the new securities listing
  • No special compliance actions required from market participants
  • Standard trading procedures apply for newly listed shares

Important Dates

  • Notice Date: October 30, 2025
  • Listing and Trading Commencement Date: October 31, 2025 (Friday)
  • Lock-in Expiry: Not applicable (all shares are freely tradable)

Impact Assessment

Market Impact: Minimal. The issuance represents routine ESOP exercises across multiple companies. Even HDFC Bank’s largest issuance of ~13 million shares represents a fractional percentage of its total outstanding shares.

Liquidity Impact: Negligible incremental impact on overall market liquidity. The shares add to the free float but volumes are relatively small compared to daily trading activity in these securities.

Dilution Impact: Minor dilution for existing shareholders across all listed companies. The share counts are typical for ESOP exercises and have been anticipated by the market.

Investor Consideration: No lock-in restrictions mean employees can immediately trade these shares, though this is standard practice for most ESOP schemes.

Impact Justification

Routine listing of ESOP shares with no lock-in restrictions. Minimal dilution impact across 13 companies with share counts ranging from 3,244 to 12,994,998 shares.