Description

BSE announces the listing and admission for trading of further securities issued under employee stock option schemes by 16 companies, effective November 27, 2025.

Summary

BSE has announced the listing and admission for trading of further securities issued under Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS) by 16 companies. These new securities will be listed and available for trading on the Exchange effective from Thursday, November 27, 2025. None of the newly listed shares are subject to lock-in periods.

Key Points

  • 16 companies issuing further securities under ESOP/ESOS schemes
  • Total of 1,705,973 new shares being listed across all companies
  • Effective trading date: November 27, 2025
  • No lock-in periods applicable for any of the listed securities
  • Notice Number: 20251126-17
  • Face values range from Re 1 to Rs 10 depending on the company

Company-wise Details

Major Listings by Share Count:

  • Federal Bank Ltd.: 185,758 shares (Face Value: Rs 2)
  • ICICI Bank Ltd.: 623,293 shares (Face Value: Rs 2)
  • Ujjivan Small Finance Bank Limited: 327,767 shares (Face Value: Rs 10)
  • ICICI Prudential Life Insurance: 286,880 shares (Face Value: Rs 10)
  • Kirloskar Ferrous Industries: 116,315 shares (Face Value: Rs 5)
  • Wipro Ltd.: 108,098 shares (Face Value: Rs 2)
  • PG Electroplast Limited: 613,000 shares (Face Value: Re 1)
  • ICICI Lombard General Insurance: 55,851 shares (Face Value: Rs 10)

Other Companies:

  • Aditya Birla Sun Life AMC Limited: 20,305 shares
  • Borosil Limited: 3,026 shares
  • CG Power and Industrial Solutions: 21,800 shares
  • Eris Lifesciences Limited: 3,337 shares
  • Intense Technologies: 12,500 shares
  • Keystone Realtors Limited: 22,609 shares
  • Kirloskar Industries Ltd: 3,237 shares
  • TATA Consumer Products Limited: 2,576 shares

Regulatory Changes

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

Compliance Requirements

  • Trading members are informed of the new securities available for trading
  • Companies must ensure proper disclosure of the newly listed shares
  • Standard trading and settlement procedures apply to these securities from the effective date

Important Dates

  • Notice Date: November 26, 2025
  • Listing and Trading Effective Date: November 27, 2025
  • Lock-in Period: Not applicable (NA) for all securities

Impact Assessment

Market Impact: Minimal. The listing represents routine ESOP/ESOS conversions across multiple companies with relatively small share counts compared to their total outstanding equity.

Liquidity Impact: Marginal increase in floating stock for the listed companies. The shares can be traded immediately without restrictions.

Dilution Impact: Minor dilution for existing shareholders, with the largest individual listing being 623,293 shares (ICICI Bank) which is minimal relative to their total equity base of over 7.1 billion shares.

Investor Considerations: These shares represent employee compensation conversions and may see some selling pressure if employees choose to liquidate their holdings, though impact is expected to be negligible given the small quantities relative to daily trading volumes of these companies.

Impact Justification

Routine listing of ESOP/ESOS shares with no lock-in period. These are incremental shares from employee stock options, representing small dilution across 16 companies. No material market impact expected.