Description

BSE announces listing of additional equity shares issued under employee stock option plans by seven companies including ICICI Bank, Yes Bank, Suzlon Energy and others, effective December 11, 2025.

Summary

BSE has approved the listing of additional equity shares issued by seven companies under their Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS). These securities will be listed and admitted for trading on the exchange with effect from Thursday, December 11, 2025. The shares are issued to employees as part of compensation plans and none are subject to lock-in periods.

Key Points

  • Total of seven companies issuing additional shares under ESOP/ESOS schemes
  • Effective listing date: December 11, 2025
  • No lock-in restrictions applicable to any of the listed shares
  • Largest issuance: Yes Bank Ltd. with 1,058,752 shares (face value ₹2)
  • Second largest: Suzlon Energy Ltd. with 590,000 shares (face value ₹2)
  • ICICI Bank issuing 503,178 shares (face value ₹2)
  • All shares have been allocated distinct ISIN and distribution numbers

Securities Details

Companies and Share Quantities:

  1. Archean Chemical Industries Limited (Scrip: 543657)

    • Shares: 30,712 | Face Value: ₹2
    • ISIN: INE128X01021

  2. Cyient Limited (Scrip: 532175)

    • Shares: 8,637 | Face Value: ₹5
    • ISIN: INE136B01020

  3. ICICI Bank Ltd. (Scrip: 532174)

    • Shares: 503,178 | Face Value: ₹2
    • ISIN: INE090A01021

  4. IndiaMART InterMESH Limited (Scrip: 542726)

    • Shares: 55,000 | Face Value: ₹10
    • ISIN: INE933S01016

  5. Suzlon Energy Ltd. (Scrip: 532667)

    • Shares: 590,000 | Face Value: ₹2
    • ISIN: INE040H01021

  6. Vedant Fashions Limited (Scrip: 543463)

    • Shares: 4,318 | Face Value: ₹1
    • ISIN: INE825V01034

  7. Yes Bank Ltd. (Scrip: 532648)

    • Shares: 1,058,752 | Face Value: ₹2
    • ISIN: INE528G01035

Regulatory Changes

No regulatory changes introduced. This is a routine administrative notice for listing of shares already issued under existing ESOP/ESOS frameworks governed by SEBI regulations.

Compliance Requirements

  • Trading members are informed of the new securities available for trading
  • Companies must ensure allotment and distribution processes comply with SEBI ESOP guidelines
  • Standard trading and settlement procedures apply to these newly listed shares
  • No special compliance obligations for market participants

Important Dates

  • Notice Date: December 10, 2025
  • Listing and Trading Commencement: December 11, 2025 (Thursday)
  • Lock-in Period: Not applicable (NA) for all companies

Impact Assessment

Market Impact: Minimal. ESOP share listings are routine corporate actions with limited market impact as quantities are typically small relative to total outstanding shares.

Liquidity Impact: Marginal increase in floating stock for each company. The largest issuances are from Yes Bank (1.06 million shares) and Suzlon Energy (590,000 shares), which represent fractional increases to their existing share base.

Investor Impact: No direct impact on existing shareholders. ESOP shares are already accounted for in diluted earnings calculations. These shares may be sold by employees in the market over time.

Trading Impact: No lock-in restrictions mean shares are immediately available for trading, though employees may hold for tax or personal investment reasons.

Impact Justification

Routine listing of ESOP shares with minimal market impact; relatively small quantities compared to outstanding shares for most companies