Description
BSE circular regarding the allotment of 4,313 shares under Employee Stock Option Plan/Employee Stock Ownership Scheme with lock-in periods extending to 2026 and 2027.
Summary
BSE has listed further securities issued under Employee Stock Option Plan (ESOP) or Employee Stock Ownership Scheme (ESOS). A total of 4,313 shares have been allotted across eight tranches with distinctive number ranges from 20678934 to 20683246. The allotted shares are subject to lock-in periods expiring on February 3, 2026 and February 3, 2027.
Key Points
- Total shares allotted: 4,313 shares
- Number of tranches: 8 separate allotments
- Lock-in release dates: February 3, 2026 (first 4 tranches) and February 3, 2027 (last 4 tranches)
- Distinctive number range: 20678934 to 20683246
- Allotment sizes range from 247 to 1,133 shares per tranche
Regulatory Changes
No regulatory changes. This is a standard listing notification under existing ESOP/ESOS regulations.
Compliance Requirements
- Listed securities must comply with standard lock-in period restrictions
- Shares cannot be traded until respective lock-in release dates (February 3, 2026 or February 3, 2027)
- Company must maintain records of distinctive share numbers and lock-in periods
Important Dates
- Lock-in Release Date (Batch 1): February 3, 2026 - applies to 2,653 shares (tranches 1-4)
- Lock-in Release Date (Batch 2): February 3, 2027 - applies to 1,660 shares (tranches 5-8)
Share Allotment Details
| Shares Allotted | Lock-in Release | Distinctive From | Distinctive To |
|---|---|---|---|
| 623 | Feb 3, 2026 | 20678934 | 20679556 |
| 503 | Feb 3, 2026 | 20679557 | 20680059 |
| 394 | Feb 3, 2026 | 20680060 | 20680453 |
| 1,133 | Feb 3, 2026 | 20680454 | 20681586 |
| 389 | Feb 3, 2027 | 20681587 | 20681975 |
| 315 | Feb 3, 2027 | 20681976 | 20682290 |
| 247 | Feb 3, 2027 | 20682291 | 20682537 |
| 709 | Feb 3, 2027 | 20682538 | 20683246 |
Impact Assessment
Market Impact: Minimal. The allotment volume of 4,313 shares is relatively small and will not affect market liquidity or trading patterns. The lock-in periods further reduce any immediate market impact.
Shareholder Impact: These shares will increase the total issued share capital marginally. Existing shareholders may experience minimal dilution, depending on the total outstanding shares of the company.
Operational Impact: This is a routine corporate action with no operational changes required for market participants. The shares will become tradeable only after the respective lock-in periods expire.
Impact Justification
Routine administrative listing of employee stock option shares with standard lock-in periods. Limited market impact due to small volume (4,313 shares) and lock-in restrictions.