Listing of Further Securities Issued Under ESOP/ESOS by 23 Companies

Description

BSE announces the listing of further securities issued by 23 companies under Employee Stock Option Plans (ESOP/ESOS), effective November 7, 2025.

Summary

BSE has announced the listing and admission for trading of further securities issued by 23 companies under Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS). These securities will be available for trading with effect from Friday, November 7, 2025. The total number of shares being listed is 3,751,370 across various companies with no lock-in restrictions.

Key Points

• 23 companies issuing further securities under ESOP/ESOS schemes
• Total shares being listed: 3,751,370 shares
• Effective date for trading: November 7, 2025
• All shares have no lock-in period (listed as NA)
• Largest issuances: Persistent Systems (1,350,000 shares), L&T Finance Limited (615,531 shares), Federal Bank (398,444 shares)
• Face values range from Rs. 1 to Rs. 10 per share depending on the company
• Notice issued by BSE on November 6, 2025

Regulatory Changes

No regulatory changes announced. This is a routine listing notification for employee stock options exercised by employees of the respective companies.

Compliance Requirements

• Trading members of BSE are informed about the new securities available for trading
• Standard trading and settlement procedures will apply to these securities from the effective date
• No special compliance requirements for market participants

Important Dates

• Notice Date: November 6, 2025
• Trading Commencement Date: November 7, 2025
• Lock-in Expiry: Not applicable (NA for all securities)

Impact Assessment

Market Impact: Minimal. The listing of ESOP/ESOS shares is a routine corporate action that represents minor equity dilution across the 23 companies. The shares represent employee compensation exercises and are relatively small compared to the total outstanding shares of these companies.

Liquidity Impact: Negligible increase in floating stock for the listed companies. The additional shares will be available for trading immediately without any lock-in restrictions.

Investor Impact: No direct impact on existing shareholders. The dilution effect is minimal and already anticipated as these ESOP/ESOS schemes are typically disclosed in annual reports and regulatory filings.

Companies and Share Details

Impact Justification

Routine administrative listing of employee stock options with no lock-in restrictions. Total shares issued represent minor dilution across 23 companies. No market-wide regulatory changes or compliance requirements.