Description

BSE announces listing of 2,398,771 new equity shares issued by 8 companies under ESOP/ESOS schemes, effective December 23, 2025.

Summary

BSE has announced the listing of further equity shares issued by 8 companies under their Employee Stock Option Plan (ESOP) and Employee Stock Option Scheme (ESOS). A total of 2,398,771 new shares will be listed and admitted for trading effective December 23, 2025. The largest issuances are from HDFC Bank (2,066,610 shares) and SBI Life Insurance (124,645 shares). None of the newly listed shares are under lock-in.

Key Points

  • Total of 8 companies listing ESOP/ESOS shares on BSE
  • Combined total of 2,398,771 new equity shares being listed
  • Effective date: December 23, 2025 (Tuesday)
  • No lock-in period applicable for any of the listed securities
  • HDFC Bank has the largest issuance with 2,066,610 shares (face value ₹1)
  • All shares admitted for trading immediately upon listing

Companies and Share Details

Major Issuances

  1. HDFC Bank Limited (500180): 2,066,610 shares, FV ₹1
  2. SBI Life Insurance Company Limited (540719): 124,645 shares, FV ₹10
  3. Sai Life Sciences Limited (544306): 107,331 shares, FV ₹1
  4. CarTrade Tech Limited (543333): 49,175 shares, FV ₹10

Other Issuances

  1. OneSource Specialty Pharma Limited (544292): 23,000 shares, FV ₹1
  2. NIIT Limited (500304): 15,000 shares, FV ₹2
  3. Vardhman Textiles Limited (502986): 10,000 shares, FV ₹2
  4. Aurum PropTech Limited (539289): 1,013 shares, FV ₹5

Regulatory Changes

No regulatory changes introduced. This is a routine administrative notification for listing of employee stock option shares.

Compliance Requirements

  • Market participants must note the updated share capital for the 8 companies
  • Trading members should update their systems to reflect new distinctive numbers
  • No specific compliance actions required from market participants

Important Dates

  • Notice Date: December 22, 2025
  • Listing and Trading Commencement: December 23, 2025 (Tuesday)
  • Lock-in Expiry: Not applicable (NA for all securities)

Impact Assessment

Market Impact: Minimal. ESOP/ESOS share listings are routine corporate actions with negligible impact on stock prices or trading volumes. Even the largest issuance (HDFC Bank’s 2.07 million shares) represents a very small fraction of the bank’s total equity base.

Liquidity Impact: Marginal increase in floating stock for the 8 companies. The additional shares may provide minor liquidity enhancement.

Dilution: Minimal dilution for existing shareholders across all companies, as ESOP shares typically represent less than 1-2% of total equity.

Investor Consideration: This is informational for tracking purposes; no investment action required based solely on this circular.

Impact Justification

Routine listing of ESOP/ESOS shares with minimal market impact; largest issuance is HDFC Bank with 2.07 million shares which is negligible relative to its total equity base