Description

BSE notifies listing of shares issued under employee stock option plans by 8 companies including Axis Bank, Yes Bank, Wipro, Tech Mahindra, and others, effective December 22, 2025.

Summary

BSE has announced the listing and admission to trading of further securities issued by 8 companies under their Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS). The new shares will be available for trading from Monday, December 22, 2025. A total of 2,851,543 shares across various companies are being listed, with no lock-in restrictions applicable to any of the listed securities.

Key Points

  • 8 companies listing ESOP/ESOS shares totaling 2,851,543 shares
  • All shares admitted to trading effective December 22, 2025
  • No lock-in period applicable (all entries marked as NA)
  • Companies span banking, insurance, technology, fintech, and e-commerce sectors
  • Largest issuance: Yes Bank with 1,103,638 shares (face value ₹2)
  • HDFC Life Insurance listing 769,885 shares (face value ₹10)
  • Technology sector: Wipro (395,874 shares), Tech Mahindra (60,706 shares)
  • Banking sector: Axis Bank (245,902 shares, face value ₹2)

Regulatory Changes

No regulatory changes introduced. This is a routine notification for listing of shares issued pursuant to existing ESOP/ESOS schemes as per SEBI guidelines.

Compliance Requirements

No specific compliance requirements for market participants. The listing is informational and the companies have already completed necessary formalities for share issuance under their respective ESOP/ESOS schemes.

Important Dates

  • Notice Date: December 19, 2025
  • Trading Commencement Date: December 22, 2025 (Monday)
  • Lock-in Expiry: Not applicable (no lock-in restrictions)

Impact Assessment

Market Impact: Minimal. ESOP share listings represent incremental supply from employee stock options being exercised, which is a routine corporate action. The quantities are relatively small compared to the free float of these large-cap companies.

Liquidity Impact: Negligible impact on overall liquidity as the share counts are modest relative to daily trading volumes of these actively traded stocks.

Dilution Impact: Marginal dilution to existing shareholders as ESOP issuances are typically factored into diluted earnings per share calculations and are expected corporate actions.

Company-Specific Notes:

  • Yes Bank’s 1.1 million shares represent the largest single issuance
  • All shares are immediately tradeable with no lock-in restrictions
  • Distribution numbers have been allocated sequentially to the new shares

Impact Justification

Routine listing of ESOP shares with no lock-in restrictions; minimal market impact as shares are already accounted for in diluted share capital.