Description

BSE announces listing and trading of further securities issued under ESOP/ESOS by 13 companies including Hexaware Technologies, Infosys, RBL Bank, and SBI Life Insurance, effective December 1, 2025.

Summary

BSE has announced the listing and admission for trading of further securities issued by 13 companies under their Employee Stock Option Plan (ESOP) and Employee Stock Ownership Scheme (ESOS) programs. The newly issued shares will commence trading on Monday, December 1, 2025. All listed securities have no lock-in period restrictions.

Key Points

  • Total of 13 companies issuing further securities under ESOP/ESOS schemes
  • Trading commencement date: December 1, 2025
  • Largest issuance: Hexaware Technologies Limited with 2,000,000 shares (face value ₹1)
  • Second largest: Infosys Ltd with 223,060 shares (face value ₹5)
  • Third largest: AU Small Finance Bank Limited with 311,349 shares (face value ₹10)
  • All securities listed with no lock-in period (NA)
  • Securities span various face values: ₹1, ₹5, and ₹10

Companies and Share Details

Financial Services

  • AAVAS Financiers Limited (541988): 12,699 shares, FV ₹10
  • AU Small Finance Bank Limited (540611): 311,349 shares, FV ₹10
  • RBL Bank Limited (540065): 2,870,117 shares, FV ₹10
  • SBI Life Insurance Company Limited (540719): 137,191 shares, FV ₹10
  • UTI Asset Management Company Limited (543238): 19,000 shares, FV ₹10

Technology

  • Hexaware Technologies Limited (544362): 2,000,000 shares, FV ₹1
  • IDEAFORGE TECHNOLOGY LIMITED (543932): 952 shares, FV ₹10
  • Infosys Ltd (500209): 223,060 shares, FV ₹5

Other Sectors

  • CARE Ratings Limited (534804): 6,283 shares, FV ₹10
  • Chemfab Alkalies Ltd (506894): 4,000 shares, FV ₹10
  • J.B. Chemicals & Pharmaceuticals Lt (506943): 21,056 shares, FV ₹1
  • Prime Focus Limited (532748): 97,000 shares, FV ₹1
  • SIS LIMITED (540673): 22,023 shares, FV ₹5

Regulatory Changes

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

Compliance Requirements

  • Trading members are informed of the new listings
  • Companies have fulfilled listing requirements for ESOP/ESOS securities
  • Securities are immediately available for trading without restrictions

Important Dates

  • Notice Date: November 28, 2025
  • Trading Commencement: December 1, 2025 (Monday)
  • Lock-in Period: None (NA for all companies)

Impact Assessment

Market Impact: Minimal. ESOP/ESOS listings are routine corporate actions that typically have negligible impact on stock prices as the share quantities are relatively small compared to existing outstanding shares.

Liquidity Impact: Marginal increase in floating stock for the 13 companies. The largest addition is Hexaware Technologies with 2 million shares and RBL Bank with 2.87 million shares.

Shareholder Dilution: Minor dilution effect as these shares represent employee compensation and are expected issuances under approved schemes.

Trading Consideration: No lock-in restrictions mean these shares are immediately tradable, but employee holders typically retain shares or sell gradually rather than creating sudden supply shocks.

Impact Justification

Routine listing of ESOP/ESOS shares with no lock-in restrictions. This is a standard administrative action affecting 13 companies with relatively small share quantities compared to outstanding shares. No material market impact expected.