Description
BSE announces listing of further securities issued by 16 companies under ESOP/ESOS schemes, effective December 30, 2025, including major companies like ITC, AXIS Bank, and Tata Consumer Products.
Summary
BSE has approved the listing and admission for trading of further securities issued by 16 companies under their Employee Stock Option Plan (ESOP) and Employee Stock Option Scheme (ESOS). The newly issued shares will be available for trading from Tuesday, December 30, 2025. The circular covers a total of 1,422,592 shares across various companies including major corporations like ITC Ltd (195,210 shares), Go Digit General Insurance (566,379 shares), and UNICOMMERCE eSolutions (1,017,088 shares).
Key Points
- 16 companies have issued further securities under ESOP/ESOS schemes
- Total shares being listed: 1,422,592 across all companies
- Effective trading date: December 30, 2025 (Tuesday)
- Largest issuances: UNICOMMERCE (1,017,088 shares), Go Digit (566,379 shares), PG Electroplast (354,500 shares)
- Some shares have lock-in periods: Bliss GVS Pharma (lock-in until June 9, 2025)
- Face values range from Re. 1 to Rs. 10 depending on the company
- All securities are equity shares in the equity segment
Companies and Share Details
- Artemis Medicare Services Limited - 105,750 shares (Face Value: Re. 1)
- AXIS Bank Ltd - 502,455 shares (Face Value: Rs. 2)
- Bliss GVS Pharma Limited - 66,380 shares (Face Value: Re. 1, Lock-in: 09/06/2025)
- Go Digit General Insurance Limited - 566,379 shares (Face Value: Rs. 10)
- ITC Ltd - 195,210 shares (Face Value: Re. 1)
- Navin Fluorine International Limited - 2,850 shares (Face Value: Rs. 2)
- Pearl Global Industries Limited - 47,600 shares (Face Value: Rs. 5)
- PG Electroplast Limited - 354,500 shares (Face Value: Re. 1)
- Poonawalla Fincorp Limited - 42,294 shares (Face Value: Rs. 2)
- Protean eGov Technologies Limited - 8,038 shares (Face Value: Rs. 10)
- R Systems International Limited - 4,655 shares (Face Value: Re. 1)
- SBI Cards and Payment Services Limited - 29,896 shares (Face Value: Rs. 10)
- Stove Kraft Limited - 5,821 shares (Face Value: Rs. 10)
- Tata Consumer Products Limited - 1,736 shares (Face Value: Re. 1)
- Themis Medicare Ltd - 60,000 shares (Face Value: Re. 1)
- UNICOMMERCE eSolutions Limited - 1,017,088 shares (Face Value: Re. 1)
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for securities already issued under existing ESOP/ESOS frameworks.
Compliance Requirements
- Market participants must take note of the newly listed securities
- Companies must ensure compliance with lock-in requirements where applicable (Bliss GVS Pharma until June 9, 2025)
- For clarifications, market participants can contact BSE at 022-2272 8706/5878
Important Dates
- Notice Date: December 29, 2025
- Listing and Trading Commencement: December 30, 2025 (Tuesday)
- Lock-in Expiry (Bliss GVS Pharma only): June 9, 2025
Impact Assessment
Market Impact: Minimal. The listing of ESOP/ESOS shares is a routine corporate action that typically has limited immediate market impact as these shares are issued to employees and often subject to vesting schedules.
Liquidity Impact: Marginal increase in floating stock for the affected companies. The share quantities are relatively small compared to total outstanding shares for most large-cap companies like ITC and AXIS Bank.
Dilution Effect: Minor dilution to existing shareholders, with the largest absolute number being UNICOMMERCE (1,017,088 shares), though the percentage dilution would depend on each company’s existing share capital.
Investor Considerations: Investors should note the lock-in period for Bliss GVS Pharma shares. Other shares will be immediately available for trading, potentially adding to selling pressure if employees choose to liquidate their holdings.
Impact Justification
Routine listing of ESOP/ESOS shares with no material market impact. Standard administrative update affecting existing shareholding structures.