Description

BSE announces listing and admission to trading of shares issued under ESOP/ESOS by 12 companies, effective November 28, 2025, including IDFC First Bank, Go Digit, Brainbees Solutions, and others.

Summary

BSE has announced the listing and admission to trading of further securities issued by 12 companies under their Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS). These shares will be listed and available for trading on the Exchange with effect from Friday, November 28, 2025. The shares have no lock-in period and range from small allocations to significant quantities, with IDFC First Bank issuing the largest number at 3,949,026 shares.

Key Points

  • 12 companies are listing additional equity shares issued under ESOP/ESOS schemes
  • Effective date for trading: November 28, 2025
  • Total shares being listed: 4,604,708 shares across all companies
  • None of the shares are subject to lock-in restrictions
  • Largest issuance: IDFC First Bank Limited with 3,949,026 shares (face value ₹10)
  • Other significant issuances: Go Digit General Insurance (354,609 shares), Aditya Infotech (323,135 shares), Brainbees Solutions (46,104 shares)
  • Face values range from ₹1 to ₹10 depending on the company

Regulatory Changes

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

Compliance Requirements

  • Trading members are informed to update their systems for the newly listed securities
  • The new shares will be available for trading from November 28, 2025
  • Each company has been assigned distinct ISIN codes and distribution number ranges for the new shares

Important Dates

  • Notice Date: November 27, 2025
  • Listing and Trading Effective Date: November 28, 2025
  • Lock-in Period: Not Applicable (NA) for all companies

Impact Assessment

Market Impact: Low - These are routine ESOP/ESOS share listings that occur regularly as part of employee compensation schemes. The quantities being listed represent small percentages of the total outstanding shares for most companies.

Liquidity Impact: Minimal - The shares are immediately tradeable with no lock-in restrictions, but given the relatively small quantities compared to typical trading volumes, impact on stock liquidity should be negligible.

Investor Impact: Neutral - Existing shareholders may experience minor dilution, but this is expected and disclosed as part of standard ESOP/ESOS practices. The lack of lock-in indicates these shares can be sold immediately by option holders.

Company-Specific Notes:

  • IDFC First Bank’s issuance of nearly 4 million shares is the most significant in absolute numbers
  • Go Digit General Insurance and Aditya Infotech also have substantial issuances
  • All other companies have relatively modest share issuances under 100,000 shares

Impact Justification

Routine listing of shares issued under employee stock option schemes with no lock-in period and minimal market impact due to relatively small quantities compared to outstanding shares.