Listing of Further Securities Issued Under ESOP/ESOS - 7 Companies

Description

BSE lists 10.7 million new equity shares issued under ESOP/ESOS schemes by 7 companies including AXIS Bank, Urban Company, and Larsen & Toubro, effective November 10, 2025.

Summary

BSE has listed further securities issued by 7 companies under their Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS). A total of 10,726,557 new equity shares across these companies will be admitted for trading with effect from Monday, November 10, 2025. The companies include major entities like AXIS Bank (153,657 shares), Urban Company (10,207,638 shares), Larsen & Toubro (24,869 shares), and others. None of the newly listed shares are under lock-in.

Key Points

• 7 companies issuing further securities under ESOP/ESOS schemes
• Total of 10,726,557 new equity shares to be listed
• Trading effective from November 10, 2025
• No shares are under lock-in period
• Urban Company accounts for largest issuance with 10.2 million shares (face value ₹1)
• AXIS Bank issuing 153,657 shares (face value ₹2)
• All companies have provided distinctive number ranges for new shares

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 of the new listings
• Standard trading protocols apply from November 10, 2025
• Companies have complied with listing requirements for ESOP/ESOS securities

Important Dates

• Notice Date: November 7, 2025
• Effective Trading Date: November 10, 2025 (Monday)
• Lock-in Period: Not applicable (NA) for all securities

Impact Assessment

Market Impact: Minimal. ESOP/ESOS listings are routine corporate actions representing small dilutions relative to total outstanding shares. The largest issuance by Urban Company (10.2 million shares at ₹1 face value) and other issuances are typical employee compensation mechanisms.

Liquidity Impact: Negligible short-term impact on liquidity for these stocks. ESOP shares may be subject to gradual selling by employees over time.

Investor Consideration: These are dilutive events but factored into existing shareholding patterns. Investors should note the modest increase in share count for valuation purposes.

Company-wise Breakdown

Impact Justification

Routine listing of employee stock option shares with minimal market impact; relatively small number of shares compared to outstanding equity