Listing of Further Securities Issued Under ESOP/ESOS - 17 Companies

Description

BSE announces listing of further securities issued by 17 companies under their ESOP/ESOS schemes, totaling over 3.4 million shares, effective December 9, 2025.

Summary

BSE has approved the listing of further securities issued by 17 companies under their Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS). A total of 3,433,671 shares across these companies will be listed and admitted for trading on the Exchange effective December 9, 2025. None of the shares are subject to lock-in periods.

Key Points

• 17 companies issuing fresh equity shares under ESOP/ESOS programs
• Total shares being listed: 3,433,671 shares
• Effective trading date: Tuesday, December 9, 2025
• No lock-in period applicable for any of the listed shares
• Largest issuances: Ujjivan Small Finance Bank (671,386 shares), Aditya Birla Capital (601,897 shares), Latent View Analytics (323,860 shares)
• Face values range from Re. 1 to Rs. 10 per share depending on the company
• All shares are fully fungible with existing equity

Regulatory Changes

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

Compliance Requirements

• Trading members must note the listing of these securities in their systems
• Updated share capital and distinct numbers to be reflected for all 17 companies
• Standard trading and settlement procedures apply from December 9, 2025

Important Dates

• Notice Date: December 8, 2025
• Effective Trading Date: December 9, 2025
• Lock-in Expiry: Not Applicable (NA) - no lock-in period

Impact Assessment

Market Impact: Minimal. The shares represent employee compensation under established ESOP programs and constitute a small percentage of total outstanding equity for most companies. The largest issuance (Ujjivan SFB at 671,386 shares) represents approximately 0.02% dilution based on typical outstanding share counts.

Liquidity Impact: Negligible immediate impact as employees may not liquidate immediately. No lock-in restrictions provide flexibility for employees to trade.

Corporate Impact: Positive for employee retention and alignment with shareholder interests. Reflects continued use of equity-based compensation by companies across banking, fintech, technology, and healthcare sectors.

Company-wise Details

Impact Justification

Routine administrative listing of ESOP shares with no lock-in period; minimal market impact as shares represent small percentage of total equity for most companies