Description

BSE announces listing of additional shares issued under employee stock option schemes by Dalmia Bharat Limited (792 shares) and Rishabh Instruments Limited (6,019 shares), effective January 2, 2026.

Summary

BSE has listed additional securities issued by two companies under their Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS). The new shares will be available for trading from January 2, 2026. Dalmia Bharat Limited issued 792 shares with a face value of ₹2, while Rishabh Instruments Limited issued 6,019 shares with a face value of ₹10. Neither issuance has any lock-in period restrictions.

Key Points

  • Dalmia Bharat Limited (ISIN: INE00R701025, Scrip Code: 542216): 792 new equity shares listed
  • Rishabh Instruments Limited (ISIN: INE0N2P01017, Scrip Code: 543977): 6,019 new equity shares listed
  • Effective trading date: January 2, 2026 (Friday)
  • No lock-in period applicable for either company’s shares
  • Distribution numbers assigned for tracking purposes

Regulatory Changes

No regulatory changes introduced. This is a routine administrative circular for listing securities issued under existing ESOP/ESOS frameworks.

Compliance Requirements

  • Market participants must take note of the new securities listed
  • Trading systems should be updated to reflect the increased share count for both companies
  • For clarifications, market participants can contact BSE at 022-2272-5878

Important Dates

  • Circular Date: January 1, 2026
  • Trading Commencement: January 2, 2026

Impact Assessment

Market Impact: Minimal. The number of shares being listed is relatively small for both companies and represents routine ESOP/ESOS exercises by employees.

Liquidity Impact: Negligible impact on overall liquidity given the small quantity of shares.

Dilution: Minor dilution to existing shareholders, consistent with approved employee compensation schemes.

Lock-in Status: No lock-in restrictions mean these shares are immediately available for trading, though the small quantities are unlikely to affect market dynamics significantly.

Impact Justification

Routine listing of small quantities of shares issued under ESOP/ESOS schemes with no lock-in period. Minimal market impact due to small share count relative to overall float.