Description

BSE announces listing and admission for trading of further securities issued under ESOP/ESOS by 11 companies, effective December 8, 2025.

Summary

BSE has announced the listing and admission for trading of further securities issued under Employee Stock Option Plan (ESOP) and Employee Stock Option Scheme (ESOS) by 11 companies. These securities will be available for trading starting Monday, December 8, 2025. The circular covers companies across various sectors including financial services, technology, aviation, FMCG, and banking, with no lock-in period applicable to any of the listed shares.

Key Points

  • 11 companies issuing further securities under ESOP/ESOS schemes
  • Total of 1,441,267 shares being listed across all companies
  • Effective trading date: December 8, 2025
  • No lock-in period applicable for any of the securities
  • Companies include major names like InterGlobe Aviation, Marico, HDB Financial Services, and Star Health
  • Face values range from Re 1 to Rs 10 depending on the company
  • All listings are in the Equity segment

Company-Wise Breakdown

  1. 3i Infotech Limited (532628): 1,360 shares, Face Value Rs 10
  2. Aditya Vision Limited (540205): 475,000 shares, Face Value Re 1
  3. CG Power and Industrial Solutions Limited (500093): 15,000 shares, Face Value Rs 2
  4. HDB Financial Services Limited (544429): 280,496 shares, Face Value Rs 10
  5. InterGlobe Aviation Limited (539448): 500 shares, Face Value Rs 10
  6. Marico Limited (531642): 63,494 shares, Face Value Re 1
  7. Mufin Green Finance Limited (542774): 276,251 shares, Face Value Re 1
  8. Nuvama Wealth Management Limited (543988): 47,485 shares, Face Value Rs 10
  9. Quick Heal Technologies Limited (539678): 9,103 shares, Face Value Rs 10
  10. South Indian Bank Ltd (532218): 188,082 shares, Face Value Re 1
  11. Star Health and Allied Insurance Company Limited (543412): 60,856 shares, Face Value Rs 10

Regulatory Changes

No new regulatory changes are introduced in this circular. This is a standard listing notification following the existing ESOP/ESOS framework under SEBI regulations.

Compliance Requirements

  • Trading members are informed about the listing of these securities
  • No additional compliance requirements for trading members beyond normal trading procedures
  • Companies have fulfilled listing requirements for ESOP/ESOS issuances
  • All securities admitted for trading on the Exchange as per standard procedures

Important Dates

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

Impact Assessment

Market Impact: Low - The issuance represents routine ESOP/ESOS conversions with relatively small quantities compared to the existing float of these companies. The largest issuance is 475,000 shares by Aditya Vision Limited.

Liquidity Impact: Minimal - The additional shares will have negligible impact on overall liquidity given the small quantities relative to daily trading volumes of most listed companies.

Shareholder Dilution: Minimal - The number of shares being listed represents minor dilution for existing shareholders across all companies.

Employee Benefit: Positive - This listing enables employees who exercised their stock options to trade their shares, providing liquidity for employee compensation.

Operational Impact: None - This is a routine administrative process with no operational changes required for trading members or investors.

Impact Justification

Routine listing of ESOP/ESOS shares with no lock-in period; minimal market impact as these are small additional issuances relative to existing share capital