Description

BSE announces listing and admission for trading of additional securities issued by 11 companies under their Employee Stock Option Plans, totaling over 1.4 million shares across various sectors.

Summary

BSE has announced the listing and admission for trading of further securities issued by 11 companies under their Employee Stock Option Plans (ESOP/ESOS). These securities will be available for trading with effect from Monday, December 8, 2025. The circular covers a total of 1,440,277 shares across companies in various sectors including IT, aviation, banking, insurance, and consumer goods. None of the shares are under lock-in restrictions.

Key Points

  • 11 companies are listing additional securities issued under ESOP/ESOS schemes
  • Total of 1,440,277 shares being listed across all companies
  • Trading will commence from December 8, 2025
  • No lock-in restrictions apply to any of the listed securities
  • Companies span diverse sectors: IT, financial services, aviation, banking, FMCG, and insurance
  • Largest allotment is Aditya Vision Limited with 475,000 shares (face value ₹1)
  • HDB Financial Services Limited issues 280,496 shares (face value ₹10)

Company Details

3i Infotech Limited (INE748C01038, Scrip: 532628)

  • Shares: 1,360 | Face Value: ₹10 | Dist Range: 207394908-207396267

Aditya Vision Limited (INE679V01027, Scrip: 540205)

  • Shares: 475,000 | Face Value: ₹1 | Dist Range: 128663051-129138050

CG Power and Industrial Solutions Limited (INE067A01029, Scrip: 500093)

  • Shares: 15,000 | Face Value: ₹2 | Dist Range: 1589538004-1589553003

HDB Financial Services Limited (INE756I01012, Scrip: 544429)

  • Shares: 280,496 | Face Value: ₹10 | Dist Range: 829566728-829847223

InterGlobe Aviation Limited (INE646L01027, Scrip: 539448)

  • Shares: 500 | Face Value: ₹10 | Dist Range: 386590099-386590598

Marico Limited (INE196A01026, Scrip: 531642)

  • Shares: 63,494 | Face Value: ₹1 | Dist Range: 1297989743-1298053236

Mufin Green Finance Limited (INE08KJ01020, Scrip: 542774)

  • Shares: 276,251 | Face Value: ₹1 | Dist Range: 172955173-173231423

Nuvama Wealth Management Limited (INE531F01015, Scrip: 543988)

  • Shares: 47,485 | Face Value: ₹10 | Dist Range: 46826410-46873894

Quick Heal Technologies Limited (INE306L01010, Scrip: 539678)

  • Shares: 9,103 | Face Value: ₹10 | Dist Range: 72193382-72202484

South Indian Bank Ltd. (INE683A01023, Scrip: 532218)

  • Shares: 188,082 | Face Value: ₹1 | Dist Range: 2616859880-2617047961

Star Health and Allied Insurance Company Limited (INE575P01011, Scrip: 543412)

  • Shares: 60,856 | Face Value: ₹10 | Dist Range: 588337946-588398801

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification for securities issued under existing ESOP/ESOS frameworks as per SEBI guidelines.

Compliance Requirements

  • Trading members are informed to update their systems to reflect the new securities
  • The listed companies must ensure proper disclosure of the allotment in their shareholding patterns
  • Standard trading and settlement rules apply to these securities from the effective date
  • Companies must comply with ongoing disclosure requirements related to ESOP exercises

Important Dates

  • Notice Date: December 5, 2025
  • Effective Trading Date: December 8, 2025 (Monday)
  • Lock-in Period: Not applicable (NA for all companies)

Impact Assessment

Market Impact: Minimal to low. The total number of shares being listed represents a small fraction of the outstanding shares for most companies. ESOP allotments are routine corporate actions that typically have limited impact on stock prices.

Liquidity Impact: Marginal increase in tradable float for the 11 companies. The absence of lock-in restrictions means these shares are immediately available for trading, though the volumes are relatively small.

Dilution Impact: Minor dilution for existing shareholders across all 11 companies. The largest absolute allotment is 475,000 shares (Aditya Vision), which is still relatively small in the context of typical market capitalizations.

Investor Considerations: ESOP exercises often indicate employee confidence in the company’s prospects. The lack of lock-in suggests employees may sell immediately if needed, though this is standard for ESOP shares. No immediate action required for existing shareholders or investors.

Impact Justification

Routine listing of ESOP shares with minimal market impact due to small quantities relative to total outstanding shares; no lock-in restrictions imposed.