Description
BSE announces listing and admission to trading of further securities issued by 11 companies under their Employee Stock Option Plans (ESOP/ESOS), effective December 8, 2025.
Summary
BSE has informed trading members that further securities issued by 11 companies under their Employee Stock Option Plans (ESOP/ESOS) will be listed and admitted for trading with effect from Monday, December 8, 2025. The circular lists the specific details of shares being listed including ISIN, scrip codes, number of shares, face values, and distinctive numbers. None of the listed securities are under lock-in.
Key Points
- 11 companies issuing further securities under ESOP/ESOS schemes
- Effective listing date: December 8, 2025
- Total shares being listed range from 1,360 (3i Infotech) to 475,000 (Aditya Vision Limited)
- No lock-in period applicable for any of the listed securities
- Covers diverse sectors including financial services, aviation, FMCG, insurance, and technology
Companies and Share Details
| Company | Scrip Code | Shares | Face Value |
|---|---|---|---|
| 3i Infotech Limited | 532628 | 1,360 | ₹10 |
| Aditya Vision Limited | 540205 | 475,000 | ₹1 |
| CG Power and Industrial Solutions Limited | 500093 | 15,000 | ₹2 |
| HDB Financial Services Limited | 544429 | 280,496 | ₹10 |
| InterGlobe Aviation Limited | 539448 | 500 | ₹10 |
| Marico Limited | 531642 | 63,494 | ₹1 |
| Mufin Green Finance Limited | 542774 | 276,251 | ₹1 |
| Nuvama Wealth Management Limited | 543988 | 47,485 | ₹10 |
| Quick Heal Technologies Limited | 539678 | 9,103 | ₹10 |
| South Indian Bank Ltd. | 532218 | 188,082 | ₹1 |
| Star Health and Allied Insurance Company Limited | 543412 | 60,856 | ₹10 |
Regulatory Changes
No regulatory changes introduced. This is a routine listing notification for securities already issued under existing ESOP/ESOS frameworks.
Compliance Requirements
- Trading members are informed to note the listing of these securities
- Securities will be available for trading from December 8, 2025
- Standard trading and settlement procedures will apply
Important Dates
- Notice Date: December 5, 2025
- Listing and Trading Commencement Date: December 8, 2025 (Monday)
Impact Assessment
Market Impact: Minimal. The quantities being listed are relatively small compared to the existing float of these companies. The largest listing is 475,000 shares of Aditya Vision Limited, which is unlikely to significantly impact market dynamics.
Liquidity Impact: Marginal increase in tradable shares for the listed companies. The absence of lock-in periods means these shares are immediately available for trading.
Corporate Action: Routine administrative listing following ESOP/ESOS exercises by employees. This is a standard corporate action reflecting employee stock option conversions.
Investor Consideration: No immediate action required by investors. The dilution effect is negligible given the small number of shares relative to existing equity base of these companies.
Impact Justification
Routine listing of ESOP shares with relatively small quantities across 11 companies. No lock-in periods. Minimal market impact expected.