Description
BSE notification on listing of new securities issued by 12 companies under Employee Stock Option Plans (ESOP/ESOS), effective November 3, 2025.
Summary
BSE has announced the listing and admission to trading of further securities issued by 12 companies under Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS). The new securities will be available for trading from Monday, November 3, 2025. The companies include major banks, industrial firms, and technology companies, with share quantities ranging from 3,200 to 188,287 shares. None of the listed shares are under lock-in.
Key Points
- 12 companies have issued new securities under ESOP/ESOS schemes
- Total of 413,753 new shares to be listed across all companies
- Trading begins Monday, November 3, 2025
- No lock-in period applicable for any of the listed securities
- Face values range from Re 1 to Rs 10 per share
- Largest issuance: AXIS Bank Ltd. with 188,287 shares (Face Value Rs 2)
- Smallest issuance: D.B.Corp Limited with 3,200 shares (Face Value Rs 10)
Regulatory Changes
No regulatory changes. This is a routine listing notification for employee stock option exercises.
Compliance Requirements
- Trading members are informed of the new listings
- Standard trading and settlement procedures apply from November 3, 2025
- Companies have complied with ESOP/ESOS listing requirements
Important Dates
- Notice Date: October 31, 2025
- Listing/Trading Date: Monday, November 3, 2025
- Lock-in Expiry: Not applicable (NA) for all securities
Impact Assessment
Market Impact: Minimal. The total number of shares being listed represents a small fraction of the outstanding shares for these companies. ESOP/ESOS issuances are routine corporate actions reflecting employee compensation.
Investor Impact: Negligible dilution effect given the small quantities relative to market capitalization of these companies. Largest issuance of 188,287 shares by AXIS Bank is immaterial compared to its total outstanding shares.
Operational Impact: Standard listing procedures apply. No special trading arrangements required.
Company-wise Details
| Company | Scrip Code | Shares | Face Value (Rs) | ISIN |
|---|---|---|---|---|
| AXIS Bank Ltd. | 532215 | 188,287 | 2 | INE238A01034 |
| CG Power and Industrial Solutions Limited | 500093 | 40,000 | 2 | INE067A01029 |
| D.B.Corp Limited | 533151 | 3,200 | 10 | INE950I01011 |
| Hexaware Technologies Limited | 544362 | 9,000 | 1 | INE093A01041 |
| Kansai Nerolac Paints | 500165 | 10,526 | 1 | INE531A01024 |
| Kirloskar Oil Engines Limited | 533293 | 25,651 | 2 | INE146L01010 |
| Kotak Mahindra Bank Ltd. | 500247 | 37,598 | 5 | INE237A01028 |
| Lodha Developers Limited | 543287 | 12,695 | 10 | INE670K01029 |
| SOLARA ACTIVE PHARMA SCIENCES LIMITED | 541540 | 9,000 | 10 | INE624Z01016 |
| Sterlite Technologies Limited | 532374 | 11,397 | 2 | INE089C01029 |
| VA Tech Wabag Limited | 533269 | 7,899 | 2 | INE956G01038 |
| Vardhman Special Steels Ltd | 534392 | 58,500 | 10 | INE050M01012 |
Impact Justification
Routine listing of employee stock option shares for 12 companies. No material market impact expected as these are small quantities relative to total outstanding shares and represent employee compensation exercises.