Description
BSE announces listing of additional shares issued under Employee Stock Option Plans by 8 companies including Axis Bank, Yes Bank, Wipro, Tech Mahindra, HDFC Life, and others, effective December 22, 2025.
Summary
BSE has notified market participants that additional securities issued under Employee Stock Option Plans (ESOP/ESOS) by eight companies will be listed and admitted for trading effective Monday, December 22, 2025. The listing comprises a total of 2,851,543 shares across companies in banking, financial services, technology, and insurance sectors. None of the shares are subject to lock-in restrictions.
Key Points
- 8 companies issuing additional shares under ESOP/ESOS schemes
- Effective date: December 22, 2025 (Monday)
- Total shares being listed: 2,851,543 shares
- Largest issuance: Yes Bank Limited (1,103,638 shares)
- No lock-in period applicable to any of the listed securities
- All shares listed on the Equity segment
Companies and Share Details
| Company | Scrip Code | ISIN | Shares | Face Value | Distribution Range |
|---|---|---|---|---|---|
| Axis Bank Limited | 532215 | INE238A01034 | 245,902 | ₹2 | 3104242613-3104488514 |
| Fedbank Financial Services Limited | 544027 | INE007N01010 | 6,088 | ₹10 | 374070713-374076800 |
| FSN E-Commerce Ventures Limited (Nykaa) | 543384 | INE388Y01029 | 259,450 | ₹1 | 2862264307-2862523756 |
| HDFC Life Insurance Company Limited | 540777 | INE795G01014 | 769,885 | ₹10 | 2156845966-2157615850 |
| IRIS Reg Tech Solutions Limited | 540735 | INE864K01010 | 10,000 | ₹10 | 20558248-20568247 |
| Tech Mahindra Limited | 532755 | INE669C01036 | 60,706 | ₹5 | 1000245628-1000306333 |
| Wipro Limited | 507685 | INE075A01022 | 395,874 | ₹2 | 11700312725-11700708598 |
| Yes Bank Limited | 532648 | INE528G01035 | 1,103,638 | ₹2 | 31376445963-31377549600 |
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for ESOP/ESOS-issued shares.
Compliance Requirements
- Market participants should update their systems to reflect the increased share capital for these companies
- Trading members should ensure that the new shares are available for trading from December 22, 2025
- The companies have fulfilled all listing requirements under ESOP/ESOS regulations
Important Dates
- Notice Date: December 19, 2025
- Listing and Trading Commencement: December 22, 2025 (Monday)
- Lock-in Expiry: Not Applicable (NA) - no lock-in restrictions
Impact Assessment
Market Impact: Minimal. The share dilution is relatively minor for all listed companies. The largest issuance is 1.1 million shares by Yes Bank, which represents a small fraction of their outstanding shares.
Liquidity Impact: Negligible increase in tradable float. Absence of lock-in restrictions means shares are immediately available for trading.
Investor Impact: Shareholders may experience marginal dilution in ownership percentage, but the impact is minimal given the small quantum of shares relative to total outstanding shares for these large-cap and mid-cap companies.
Sector Distribution: Diverse sector representation including banking (Axis Bank, Yes Bank), NBFC (Fedbank Financial), technology (Wipro, Tech Mahindra), e-commerce (Nykaa), insurance (HDFC Life), and regtech (IRIS).
Impact Justification
Routine listing of ESOP shares with no lock-in restrictions. Represents minor dilution across 8 companies with share counts ranging from 6,088 to 1.1 million shares, unlikely to materially impact market operations or stock prices.