Description

BSE announces listing of 775,077 new equity shares issued under ESOP/ESOS schemes by 9 companies effective December 19, 2025.

Summary

BSE has announced the listing and admission for trading of 775,077 new equity shares issued by 9 companies under their Employee Stock Option Plan (ESOP) and Employee Stock Option Scheme (ESOS). The securities will be available for trading from December 19, 2025. None of the shares are subject to lock-in periods.

Key Points

  • Total of 775,077 new equity shares across 9 companies
  • Trading commences on December 19, 2025
  • All shares issued under ESOP/ESOS schemes
  • No lock-in period applicable for any of the listed securities
  • Face values range from ₹1 to ₹10 depending on the company
  • Largest issuance: AU Small Finance Bank (271,991 shares)
  • Smallest issuance: Ideaforge Technology (3,140 shares)

Company-wise Details

  1. AU Small Finance Bank Limited (540611): 271,991 shares, FV ₹10
  2. Federal Bank Limited (500469): 99,588 shares, FV ₹2
  3. ICICI Bank Limited (532174): 76,323 shares, FV ₹2
  4. Ideaforge Technology Limited (543932): 3,140 shares, FV ₹10
  5. Kansai Nerolac Paints Limited (500165): 7,922 shares, FV ₹1
  6. Marico Limited (531642): 34,423 shares, FV ₹1
  7. Paramount Communications Limited (530555): 176,886 shares, FV ₹2
  8. Ramco Systems Limited (532370): 22,877 shares, FV ₹10
  9. Shriram Finance Limited (511218): 81,927 shares, FV ₹2

Regulatory Changes

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

Compliance Requirements

  • Market participants should update their systems to reflect the increased share capital of the listed companies
  • Trading members to note the new distinctive numbers range for each company
  • No special trading restrictions or compliance obligations imposed

Important Dates

  • Notice Date: December 18, 2025
  • Trading Commencement Date: December 19, 2025 (Friday)
  • Lock-in Expiry: Not applicable (NA for all securities)

Impact Assessment

The market impact is minimal as ESOP/ESOS issuances represent a small percentage increase in the outstanding equity capital of these established companies. The listings are part of routine employee compensation programs and do not indicate any fundamental changes to business operations. The absence of lock-in periods suggests these shares can be traded freely from the listing date, though the relatively small volumes are unlikely to create significant price movements. This is a standard corporate action with no material impact on trading dynamics or liquidity for the listed securities.

Impact Justification

Routine listing of ESOP shares with minimal market impact due to small number of shares relative to outstanding equity