Description

BSE announces listing of 4.5 million new equity shares issued under ESOP/ESOS schemes by 12 companies, effective November 28, 2025.

Summary

BSE has approved the listing of further securities issued by 12 companies under their Employee Stock Option Plan (ESOP) and Employee Stock Option Scheme (ESOS). A total of 4,554,712 new equity shares will be admitted for trading on the exchange with effect from Friday, November 28, 2025. None of the shares are subject to lock-in restrictions. The largest issuances are by IDFC FIRST Bank (3.9 million shares) and Go Digit General Insurance (354,609 shares).

Key Points

  • 12 companies issuing a total of 4,554,712 equity shares under ESOP/ESOS schemes
  • Trading begins on November 28, 2025
  • No lock-in period applies to any of the issued shares
  • IDFC FIRST Bank has the largest issuance with 3,949,026 shares (face value ₹10)
  • Go Digit General Insurance issued 354,609 shares (face value ₹10)
  • Aditya Infotech issued 323,135 shares (face value ₹1)
  • Brainbees Solutions issued 46,104 shares (face value ₹2)
  • Other issuers include DOMS Industries, Genesys International, Kirloskar Oil Engines, Nuvama Wealth Management, Poonawalla Fincorp, Sterlite Technologies, TTK Prestige, and Wonderla Holidays

Regulatory Changes

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

Compliance Requirements

  • Trading members are informed to update their systems for the new securities
  • Companies must ensure proper ISIN allocation and scrip code assignment
  • Standard listing compliance requirements apply as per BSE regulations

Important Dates

  • Notice Date: November 27, 2025
  • Trading Commencement: November 28, 2025
  • Lock-in Expiry: Not applicable (NA for all securities)

Impact Assessment

Market Impact: Low. ESOP/ESOS issuances are routine corporate actions with minimal immediate market impact. The shares represent employee compensation and typically have limited trading volume initially.

Liquidity Impact: Negligible to low. While 4.5 million shares are being added, they are distributed across 12 companies. IDFC FIRST Bank’s 3.9 million share issuance represents approximately 0.035% dilution based on typical outstanding shares.

Dilution Impact: Minimal for most companies except potentially Aditya Infotech (323,135 shares) and Go Digit General Insurance (354,609 shares) depending on their existing share base.

Investor Consideration: No immediate action required. Investors should note the increased share count for calculation of earnings per share and market capitalization metrics.

Impact Justification

Routine listing of employee stock option shares with no lock-in restrictions. Limited market impact as ESOP issuances are expected corporate actions.