Description
Listing and admission for trading of 792 equity shares of Dalmia Bharat Limited and 6,019 equity shares of Rishabh Instruments Limited issued under ESOP/ESOS schemes, effective January 2, 2026.
Summary
BSE has listed and admitted for trading additional equity shares issued by two companies under their Employee Stock Option Plans (ESOP/ESOS). Dalmia Bharat Limited issued 792 shares and Rishabh Instruments Limited issued 6,019 shares. The securities are available for trading from January 2, 2026, with no lock-in restrictions.
Key Points
- Two companies have listed further securities under ESOP/ESOS schemes
- Dalmia Bharat Limited: 792 equity shares (Face Value: ₹2, Scrip Code: 542216, ISIN: INE00R701025)
- Rishabh Instruments Limited: 6,019 equity shares (Face Value: ₹10, Scrip Code: 543977, ISIN: INE0N2P01017)
- No lock-in period applicable for these shares
- Trading commences from Friday, January 2, 2026
- Distinctive numbers assigned for tracking: Dalmia Bharat (193731702-193732493), Rishabh Instruments (38469425-38475443)
Regulatory Changes
No regulatory changes introduced. This is a routine listing notification for securities issued under existing ESOP/ESOS frameworks.
Compliance Requirements
- Market participants are required to take note of the newly listed securities
- Companies have fulfilled listing requirements for ESOP/ESOS issued shares
- For clarifications, market participants can contact BSE at 022-2272-5878
Important Dates
- Circular Date: January 1, 2026 (Note: Document footer shows January 1, 2025, likely a typographical error)
- Trading Commencement Date: January 2, 2026 (Friday)
- Lock-in Expiry: Not applicable (NA) - shares are freely tradeable from listing date
Impact Assessment
Market Impact: Minimal. The number of shares being listed is relatively small for both companies, representing negligible dilution to existing shareholders. Dalmia Bharat’s 792 shares and Rishabh Instruments’ 6,019 shares will have no material impact on stock prices or market capitalization.
Operational Impact: Routine administrative update requiring no action from market participants beyond awareness. The absence of lock-in restrictions means these shares can be traded immediately, though the small volumes are unlikely to affect liquidity significantly.
Investor Impact: Existing shareholders face minimal dilution. Employees receiving these options now have tradeable securities without restrictions, providing them with liquidity options.
Impact Justification
Routine listing of small number of shares under employee stock option schemes with no lock-in period and minimal dilution impact