Description

BSE announces listing and admission to trading of equity shares issued under ESOP/ESOS schemes by 29 companies, effective December 17, 2025.

Summary

BSE has approved the listing of further securities issued by 29 companies under their Employee Stock Option Plan (ESOP) and Employee Stock Option Scheme (ESOS). A total of 3,024,133 equity shares across these companies will be listed and admitted for trading on the Exchange effective Wednesday, December 17, 2025. None of the shares are subject to lock-in periods.

Key Points

  • 29 companies have issued further equity shares under ESOP/ESOS schemes
  • Total of 3,024,133 shares to be listed across all companies
  • Shares range from 2,400 (L&T Technology Services) to 905,489 (Le Travenues Technology/PolicyBazaar)
  • Face values vary from Re. 1 to Rs. 10 per share
  • No lock-in period applicable for any of the shares
  • Distribution numbers assigned for tracking and dematerialization

Regulatory Changes

No regulatory changes introduced. This is a routine administrative circular for listing of securities already issued under approved ESOP/ESOS schemes.

Compliance Requirements

  • Market participants should update their systems to reflect the increased share capital of the 29 companies
  • The new shares will be available for trading from December 17, 2025
  • Companies must ensure proper disclosure of updated shareholding patterns post-listing

Important Dates

  • Notice Date: December 16, 2025
  • Effective Listing Date: December 17, 2025 (Wednesday)

Impact Assessment

Market Impact: Minimal. The shares being listed represent relatively small percentages of the total outstanding shares for each company, ranging from 0.0005% to 0.15% of typical outstanding shares. The absence of lock-in periods means shares are immediately tradable.

Company-Specific Details:

  • Largest absolute issuance: Le Travenues Technology (PolicyBazaar) - 905,489 shares
  • Smallest issuance: L&T Technology Services - 2,400 shares
  • Companies span diverse sectors: BFSI, pharma, technology, real estate, energy, manufacturing

Operational Impact: Routine administrative update with no operational changes required beyond standard listing procedures.

Impact Justification

Routine listing of ESOP/ESOS shares with no lock-in period; minimal market impact as these are small share quantities compared to total outstanding shares of respective companies.