Description

Eight companies including AXIS Bank, Dixon Technologies, HDFC AMC, ITC Hotels, KFin Technologies, Polycab India, R Systems, and Restaurant Brands Asia have listed additional securities issued under ESOP/ESOS effective November 24, 2025.

Summary

BSE has announced the listing and admission for trading of further securities issued by eight companies under their Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS). The securities will be available for trading effective Monday, November 24, 2025. All listed securities have no lock-in period and represent employee stock options that have been exercised.

Key Points

  • 8 companies listing additional securities from ESOP/ESOS exercise
  • Total shares being listed: 391,429 shares across all companies
  • Trading effective date: November 24, 2025
  • No lock-in period applicable for any of the securities
  • Notice issued on November 21, 2025 (Notice No. 20251121-52)
  • All securities are equity segment listings

Companies and Share Details

AXIS Bank Ltd. (AXISBANK - 532215)

  • Shares Listed: 164,286 shares
  • Face Value: ₹2
  • ISIN: INE238A01034
  • Distinctive Numbers: 3103515558 to 3103679843

Dixon Technologies (India) Limited (DIXON - 540699)

  • Shares Listed: 125,120 shares
  • Face Value: ₹2
  • ISIN: INE935N01020
  • Distinctive Numbers: 60513664 to 60638783

HDFC Asset Management Company Limited (HDFCAMC - 541729)

  • Shares Listed: 7,531 shares
  • Face Value: ₹5
  • ISIN: INE127D01025
  • Distinctive Numbers: 214146716 to 214154246

ITC Hotels Limited (ITCHOTELS - 544325)

  • Shares Listed: 22,930 shares
  • Face Value: ₹1
  • ISIN: INE379A01028
  • Distinctive Numbers: 2082728099 to 2082751028

KFin Technologies Limited (KFINTECH - 543720)

  • Shares Listed: 16,492 shares
  • Face Value: ₹10
  • ISIN: INE138Y01010
  • Distinctive Numbers: 187294662 to 187311153

Polycab India Limited (POLYCAB - 542652)

  • Shares Listed: 200 shares
  • Face Value: ₹10
  • ISIN: INE455K01017
  • Distinctive Numbers: 150538124 to 150538323

R Systems International Limited (RSYSTEMS - 532735)

  • Shares Listed: 6,539 shares
  • Face Value: ₹1
  • ISIN: INE411H01032
  • Distinctive Numbers: 166407366 to 166413904

Restaurant Brands Asia Limited (RBA - 543248)

  • Shares Listed: 48,331 shares
  • Face Value: ₹10
  • ISIN: INE07T201019
  • Distinctive Numbers: 582251740 to 582300070

Regulatory Changes

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

Compliance Requirements

  • Trading members are informed to update their systems for the additional securities
  • Securities are admitted for trading on the Exchange with immediate effect from November 24, 2025
  • No additional compliance requirements for investors or trading members

Important Dates

  • Notice Date: November 21, 2025
  • Listing and Trading Effective Date: Monday, November 24, 2025
  • Lock-in Period: Not Applicable (NA) for all securities

Impact Assessment

Market Impact: Minimal. The total number of shares being listed (391,429) represents a small fraction of the outstanding shares for these companies. The largest listing is AXIS Bank with 164,286 shares, which is negligible compared to its total outstanding shares.

Liquidity Impact: Negligible increase in float for the affected companies. These securities are freely tradable with no lock-in restrictions.

Dilution Impact: Minor dilution for existing shareholders as these represent employee stock option exercises that were already accounted for in the companies’ outstanding ESOP/ESOS pools.

Investor Impact: No direct impact on investors. These are routine corporate actions related to employee compensation and do not affect fundamental valuations or operations.

Impact Justification

Routine listing of employee stock option securities with no lock-in period; minor dilution across multiple companies with relatively small share counts