Description
BSE announces listing and admission for trading of further securities issued under ESOP/ESOS by 8 companies including Ather Energy, AXIS Bank, Bajaj Auto, and Yes Bank, effective January 5, 2026.
Summary
BSE has listed and admitted for trading further securities issued by 8 companies under their Employee Stock Option Plans (ESOP/ESOS). The securities will be available for trading from Monday, January 5, 2026. All listed shares have no lock-in period. Total new shares range from 15,352 (Quick Heal Technologies) to 893,540 (Yes Bank).
Key Points
- 8 companies issuing new shares under ESOP/ESOS schemes
- Trading commencement: January 5, 2026 (Monday)
- No lock-in period applicable for any of the securities
- Total shares across all companies: 1,947,650
- Face values range from Re. 1 to Rs. 10 per share
- All securities listed in the Equity segment
Companies and Share Details
| Company | Scrip Code | Shares Issued | Face Value (Rs.) |
|---|---|---|---|
| Ather Energy Limited | 544397 | 433,842 | 1 |
| AXIS Bank Ltd. | 532215 | 90,462 | 2 |
| Bajaj Auto Limited | 532977 | 240,230 | 10 |
| Max Estates Limited | 544008 | 43,898 | 10 |
| Quick Heal Technologies Limited | 539678 | 15,352 | 10 |
| South Indian Bank Ltd. | 532218 | 106,226 | 1 |
| SpiceJet Limited | 500285 | 124,100 | 10 |
| Yes Bank Ltd. | 532648 | 893,540 | 2 |
Regulatory Changes
No regulatory changes announced. This is a routine listing notification for securities issued under existing ESOP/ESOS frameworks.
Compliance Requirements
- Market participants must take note of the new securities available for trading
- Companies have completed necessary listing formalities
- For clarifications, contact BSE at 022-2272-5878
Important Dates
- Notice Date: January 2, 2026
- Trading Commencement: January 5, 2026 (Monday)
- Lock-in Period: Not Applicable (NA) for all securities
Impact Assessment
Market Impact: Minimal. These are routine ESOP/ESOS conversions that result in marginal dilution of existing equity. The largest issuance is Yes Bank (893,540 shares) which represents negligible percentage of its outstanding shares.
Liquidity Impact: Neutral to slightly positive as additional freely tradable shares enter the market with no lock-in restrictions.
Investor Impact: Existing shareholders will experience minimal dilution. ESOP issuances are standard corporate practice for employee compensation and retention.
Impact Justification
Routine listing of ESOP/ESOS shares with no lock-in period. Dilution impact minimal relative to existing shareholding across all companies.