Description

BSE announces listing and admission for trading of additional securities issued under employee stock option schemes by 8 companies, effective January 5, 2026.

Summary

BSE has announced the listing and admission for trading of further securities issued by 8 companies under their Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS). These securities will be available for trading from Monday, January 5, 2026. The circular provides details of the number of shares, ISIN codes, scrip codes, face values, and distinctive numbers for each company. None of the listed securities are subject to lock-in restrictions.

Key Points

  • 8 companies have issued additional securities under ESOP/ESOS schemes
  • Trading effective date: Monday, January 5, 2026
  • Total shares being listed: 1,947,650 shares across all companies
  • No lock-in period applicable for any of the securities
  • Largest issuance: Yes Bank Ltd. with 893,540 shares (face value Rs. 2)
  • Companies span multiple sectors including banking, automotive, technology, and aviation

Company-wise Details

  1. Ather Energy Limited - 433,842 shares (FV: Rs. 1)
  2. AXIS Bank Ltd. - 90,462 shares (FV: Rs. 2)
  3. Bajaj Auto Limited - 240,230 shares (FV: Rs. 10)
  4. Max Estates Limited - 43,898 shares (FV: Rs. 10)
  5. Quick Heal Technologies Limited - 15,352 shares (FV: Rs. 10)
  6. South Indian Bank Ltd. - 106,226 shares (FV: Re. 1)
  7. SpiceJet Limited - 124,100 shares (FV: Rs. 10)
  8. Yes Bank Ltd. - 893,540 shares (FV: Rs. 2)

Regulatory Changes

No regulatory changes announced. This is a standard listing notification for securities issued under existing ESOP/ESOS frameworks.

Compliance Requirements

  • Market participants are required to take note of the listing of these securities
  • Trading members should update their systems to reflect the additional shares available for trading from January 5, 2026
  • For clarifications, participants should contact BSE at 022-2272-5878

Important Dates

  • Circular Date: January 2, 2026
  • Listing Effective Date: January 5, 2026 (Monday)

Impact Assessment

Market Impact: Low - The number of shares being listed represents a small fraction of the total outstanding shares for each company. These are routine ESOP/ESOS conversions that occur regularly.

Liquidity Impact: Minimal - The additional shares may marginally increase the float for each company, but the quantities are relatively small.

Investor Impact: Neutral - No lock-in restrictions mean these shares are immediately tradable. ESOP/ESOS conversions typically indicate employee confidence but have limited impact on stock prices given the small volumes.

Operational Impact: Standard administrative update requiring system updates by trading members to account for the increased share count.

Impact Justification

Routine listing of ESOP/ESOS shares with no lock-in restrictions. Standard administrative notification with minimal market impact as these are small quantities relative to total outstanding shares.