Description

BSE announces the listing of new securities issued under ESOP/ESOS by six companies including Angel One, Avantel, HDB Financial Services, ICICI Bank, Indiqube Spaces, and Inox Green Energy Services, effective January 6, 2026.

Summary

BSE has listed further securities issued by six companies under their Employee Stock Ownership Plans (ESOP) and Employee Stock Option Schemes (ESOS). The new shares are admitted for trading with effect from January 6, 2026. None of the listed shares are subject to lock-in periods.

Key Points

  • Six companies have issued new equity shares under ESOP/ESOS schemes
  • Total of 2,119,579 shares being listed across all companies
  • All shares admitted for trading from January 6, 2026
  • No lock-in period applicable for any of the listed securities
  • Companies include Angel One Limited (16,140 shares), Avantel Limited (497,410 shares), HDB Financial Services (190,957 shares), ICICI Bank (158,926 shares), Indiqube Spaces (1,953,646 shares), and Inox Green Energy Services (102,500 shares)

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Market participants must take note of the new securities listing
  • Trading systems should be updated to reflect the increased share count for each company
  • For clarifications, contact BSE at 022-2272-5878

Important Dates

  • Notice Date: January 5, 2026
  • Listing Effective Date: January 6, 2026 (Tuesday)
  • Lock-in Expiry: Not applicable (NA for all securities)

Impact Assessment

The listing represents routine issuance under employee benefit schemes with minimal market impact. The largest issuance is by Indiqube Spaces Limited (1,953,646 shares), while established companies like ICICI Bank and Angel One have relatively smaller issuances. With no lock-in periods, all shares are immediately available for trading, though the volume is relatively small compared to total outstanding shares for most companies. This is a standard administrative action with low significance for market participants.

Impact Justification

Routine listing of ESOP/ESOS shares with no lock-in period; minimal market impact as these represent employee stock option exercises.