Description

BSE announces the listing and admission for trading of additional securities issued under ESOP/ESOS schemes by eight companies including Axis Bank, Dixon Technologies, HDFC AMC, ITC Hotels, and others, 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 Plan (ESOP) and Employee Stock Option Scheme (ESOS). These new securities will be available for trading on the exchange with effect from Monday, November 24, 2025. The companies include major names such as Axis Bank, Dixon Technologies, HDFC Asset Management Company, ITC Hotels, KFin Technologies, Polycab India, R Systems International, and Restaurant Brands Asia. None of the shares are under lock-in.

Key Points

  • Eight companies are listing additional securities issued under ESOP/ESOS schemes
  • Total of 391,429 shares being listed across all companies
  • Axis Bank: 164,286 shares (Face Value: ₹2)
  • Dixon Technologies: 125,120 shares (Face Value: ₹2)
  • HDFC AMC: 7,531 shares (Face Value: ₹5)
  • ITC Hotels: 22,930 shares (Face Value: ₹1)
  • KFin Technologies: 16,492 shares (Face Value: ₹10)
  • Polycab India: 200 shares (Face Value: ₹10)
  • R Systems International: 6,539 shares (Face Value: ₹1)
  • Restaurant Brands Asia: 48,331 shares (Face Value: ₹10)
  • No lock-in period applicable for any of the listed securities

Regulatory Changes

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

Compliance Requirements

Trading members of the exchange should note the listing of these additional securities and update their systems accordingly. The shares will be available for trading from the effective date.

Important Dates

  • Notice Date: November 21, 2025
  • Effective Trading Date: Monday, November 24, 2025

Impact Assessment

The impact on the market is minimal as these are relatively small quantities of shares being issued under employee incentive schemes. The listing represents routine corporate actions related to employee compensation and will result in marginal dilution of existing shareholding. The largest issuance is by Axis Bank with 164,286 shares, which represents a negligible percentage of its total equity. Trading members should update their records to reflect the increased share count for these companies, but no significant price movement or trading disruption is anticipated.

Impact Justification

Routine listing of employee stock option shares with minimal market impact; affects only specific companies' shareholding structure without major trading implications