Description

BSE announces listing of further securities issued under ESOP/ESOS schemes by 9 companies including HDFC Bank, ICICI Bank, Wipro, and others, effective November 20, 2025.

Summary

BSE has announced the listing and admission for trading of further securities issued by 9 companies under their Employee Stock Option Plan (ESOP) and Employee Stock Option Scheme (ESOS) programs. These securities will be available for trading with effect from Thursday, November 20, 2025. The listing includes major companies such as HDFC Bank (3,084,680 shares), ICICI Bank (1,271,557 shares), and Wipro (159,545 shares). None of the listed securities are subject to lock-in periods.

Key Points

  • 9 companies have issued further securities under ESOP/ESOS schemes
  • Total of 4,885,526 shares being listed across all companies
  • Effective trading date: November 20, 2025
  • No lock-in period applicable for any of the securities
  • Largest issuances: HDFC Bank (3,084,680 shares), ICICI Bank (1,271,557 shares), Wipro (159,545 shares)
  • All securities are equity shares with varying face values

Regulatory Changes

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

Compliance Requirements

Trading members of the exchange are informed to note the listing of these securities for trading purposes. No specific compliance actions required beyond normal trading procedures.

Important Dates

  • Notice Date: November 19, 2025
  • Listing and Trading Commencement: November 20, 2025
  • Lock-in Period: Not applicable (NA) for all securities

Impact Assessment

Market Impact: Low. ESOP/ESOS conversions represent routine employee compensation structures and typically have minimal impact on share price or trading volumes. The dilution effect is relatively small compared to the total outstanding shares of these large-cap companies.

Company-wise Details:

  1. Cyient Limited (532175): 3,182 shares, Face Value ₹5
  2. HDFC Bank Ltd. (500180): 3,084,680 shares, Face Value ₹1
  3. Hero MotoCorp Limited (500182): 13,752 shares, Face Value ₹2
  4. ICICI Bank Ltd. (532174): 1,271,557 shares, Face Value ₹2
  5. ICICI Prudential Life Insurance (540133): 64,882 shares, Face Value ₹10
  6. Kotak Mahindra Bank Ltd. (500247): 122,878 shares, Face Value ₹5
  7. Nitco Ltd. (532722): 56,000 shares, Face Value ₹10
  8. Prime Securities Ltd. (500337): 255,000 shares, Face Value ₹5
  9. Wipro Ltd. (507685): 159,545 shares, Face Value ₹2

Operational Impact: Minimal. Standard listing procedure with no special trading restrictions or requirements.

Impact Justification

Routine listing of ESOP/ESOS shares with no lock-in period. Minor dilution across 9 companies with minimal market impact as these are employee stock option conversions.