Description

BSE announces listing and admission for trading of further securities issued under ESOP/ESOS by 13 companies, effective December 12, 2025, comprising a total of 569,627 shares.

Summary

BSE has notified trading members that further securities issued by 13 companies under their Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS) will be listed and admitted for trading effective December 12, 2025. The circular provides complete details of the newly listed shares including ISIN numbers, scrip codes, number of shares, face values, and distinctive number ranges. None of the securities are under lock-in period.

Key Points

  • Total of 13 companies issuing further securities under ESOP/ESOS schemes
  • Aggregate of 569,627 shares to be listed across all companies
  • Effective date for trading: December 12, 2025
  • All securities are listed with no lock-in restrictions (NA for lock-in period)
  • Companies include ICICI Prudential Life (largest with 133,198 shares) and Godrej Industries (smallest with 1,705 shares)
  • Face values range from Re. 1 to Rs. 10 per share
  • All shares are in dematerialized form with distinctive number ranges provided

Regulatory Changes

No regulatory changes announced. This is a standard listing notification for securities issued under existing ESOP/ESOS frameworks.

Compliance Requirements

  • Trading members must note the new securities available for trading from December 12, 2025
  • Members should update their systems with the new distinctive number ranges for each company’s shares
  • Standard trading and settlement procedures apply to these newly listed securities

Important Dates

  • Notice Date: December 11, 2025
  • Effective Trading Date: December 12, 2025 (Friday)
  • Lock-in Period: Not applicable for any of the listed securities

Impact Assessment

Market Impact: Minimal. The quantities being listed are relatively small compared to existing float for these companies. The largest single listing is 178,680 shares (Godawari Power and Ispat), which represents a minor dilution.

Operational Impact: Low. This is routine administrative processing for trading members to enable trading in these additional shares. No changes to trading systems or procedures required.

Company-Specific Impact: Neutral to slightly positive, as it reflects companies honoring employee stock option commitments and may indicate employee confidence in accepting equity compensation.

Companies and Share Details

  1. Arvind Fashions Limited - 5,000 shares (FV: ₹4)
  2. Cigniti Technologies Ltd - 90,000 shares (FV: ₹10)
  3. Coforge Limited - 102,070 shares (FV: ₹2)
  4. ESAF Small Finance Bank Ltd - 13,794 shares (FV: ₹10)
  5. Godawari Power and Ispat Ltd - 178,680 shares (FV: ₹1)
  6. Godrej Industries Ltd - 1,705 shares (FV: ₹1)
  7. ICICI Prudential Life Insurance Company Limited - 133,198 shares (FV: ₹10)
  8. Intellect Design Arena Limited - 72,331 shares (FV: ₹5)
  9. J.B. Chemicals & Pharmaceuticals Ltd - 2,500 shares (FV: ₹1)
  10. Kirloskar Pneumatic Co. Ltd - 24,500 shares (FV: ₹2)
  11. Northern Arc Capital Ltd - 5,500 shares (FV: ₹10)
  12. Uniparts India Limited - 1,045 shares (FV: ₹10)
  13. UTI Asset Management Company Limited - 30,304 shares (FV: ₹10)

Impact Justification

Routine listing of small quantities of shares issued under employee stock option plans. No market-wide impact, only administrative notification affecting specific company securities.