Description
BSE announces listing of 570,627 new equity shares issued by 13 companies under their Employee Stock Option Plans, effective December 12, 2025.
Summary
BSE has announced the listing of 570,627 new equity shares issued by 13 companies under their Employee Stock Option Plans (ESOP/ESOS). These securities will be listed and admitted for trading on the Exchange effective Friday, December 12, 2025. All shares are issued without any lock-in restrictions.
Key Points
- Total of 13 companies have issued new shares under ESOP/ESOS schemes
- Aggregate 570,627 shares to be listed across all companies
- COFORGE LIMITED has the largest allotment with 102,070 shares (face value ₹2)
- ICICI Prudential Life Insurance has issued 133,198 shares (face value ₹10)
- GODAWARI POWER AND ISPAT LTD issued 178,680 shares (face value ₹1)
- No shares are subject to lock-in restrictions
- Companies span diverse sectors: fashion, technology, financial services, pharmaceuticals, and manufacturing
Regulatory Changes
No regulatory changes introduced. This is a routine listing notification under existing ESOP/ESOS regulations.
Compliance Requirements
- Trading members are informed to note the new securities for trading purposes
- Companies have completed requisite ESOP allotment procedures
- All shares meet listing requirements without lock-in conditions
Important Dates
- Notice Date: December 11, 2025
- Effective Trading Date: December 12, 2025
Impact Assessment
Market Impact: Minimal. ESOP allotments typically represent small percentages of total share capital and are routine corporate actions. The combined issuance across 13 companies is unlikely to materially affect share prices or trading volumes.
Dilution Impact: Individual dilution per company ranges from negligible (0.001-0.01% for most companies) to minimal, depending on their existing share capital.
Investor Impact: No direct impact on existing shareholders. These are routine employee compensation instruments that incrementally increase share count.
Company-Wise Breakdown
| Company | ISIN | Scrip Code | Shares Issued | Face Value (₹) |
|---|---|---|---|---|
| Arvind Fashions Limited | INE955V01021 | 542484 | 5,000 | 4 |
| Cigniti Technologies Ltd | INE675C01017 | 534758 | 90,000 | 10 |
| COFORGE LIMITED | INE591G01025 | 532541 | 102,070 | 2 |
| ESAF Small Finance Bank Ltd | INE818W01011 | 544020 | 13,794 | 10 |
| GODAWARI POWER AND ISPAT LTD | INE177H01039 | 532734 | 178,680 | 1 |
| Godrej Industries Ltd | INE233A01035 | 500164 | 1,705 | 1 |
| ICICI Prudential Life Insurance | INE726G01019 | 540133 | 133,198 | 10 |
| INTELLECT DESIGN ARENA LIMITED | INE306R01017 | 538835 | 72,331 | 5 |
| J.B. Chemicals & Pharmaceuticals | INE572A01036 | 506943 | 2,500 | 1 |
| Kirloskar Pneumatic Co.Ltd. | INE811A01020 | 505283 | 24,500 | 2 |
| Northern Arc Capital Ltd | INE850M01015 | 544260 | 5,500 | 10 |
| Uniparts India Limited | INE244O01017 | 543689 | 1,045 | 10 |
| UTI Asset Management Company | INE094J01016 | 543238 | 30,304 | 10 |
Impact Justification
Routine ESOP allotment affecting minimal share capital (typically less than 0.1% dilution per company). No lock-in restrictions. Standard administrative circular with limited market impact.