Description

BSE circular regarding the listing of 4,313 shares issued under Employee Stock Option Plans/Schemes with lock-in periods extending to 2026 and 2027.

Summary

BSE has listed 4,313 shares issued under Employee Stock Option Plans/Employee Stock Option Schemes (ESOP/ESOS). The shares are subject to lock-in periods with release dates of February 3, 2026 and February 3, 2027.

Key Points

  • Total shares allotted: 4,313
  • Eight tranches of shares with varying allotment sizes
  • Distinctive numbers range from 20678934 to 20683246
  • Lock-in release dates: February 3, 2026 (for first 4 tranches) and February 3, 2027 (for last 4 tranches)
  • First tranche lock-in: 2,653 shares (623+503+394+1,133)
  • Second tranche lock-in: 1,660 shares (389+315+247+709)

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for securities issued under existing ESOP/ESOS frameworks.

Compliance Requirements

  • Shares subject to lock-in restrictions until specified release dates
  • Cannot be traded or transferred until lock-in period expires on February 3, 2026 or February 3, 2027 respectively

Important Dates

  • February 3, 2026: Lock-in release date for 2,653 shares (tranches 1-4)
  • February 3, 2027: Lock-in release date for 1,660 shares (tranches 5-8)

Impact Assessment

Minimal market impact. The total number of shares (4,313) is relatively small and represents routine ESOP/ESOS allotments. The lock-in periods ensure these shares will not immediately affect market liquidity. This is a standard administrative listing notice with no immediate trading implications.

Impact Justification

Routine listing of small number of shares (4,313 total) issued under ESOP/ESOS with standard lock-in periods. No market-wide impact or specific company identified.