Description

BSE announces listing of 2,719,579 new equity shares from 6 companies issued under ESOP/ESOS schemes, effective January 6, 2026.

Summary

BSE has listed 2,719,579 new equity shares from 6 companies issued under Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS). These securities are admitted for trading on the Exchange effective January 6, 2026. All newly listed shares have no lock-in period restrictions.

Key Points

  • 6 companies have issued new equity shares under ESOP/ESOS schemes
  • Total shares listed: 2,719,579 shares
  • Trading commences: January 6, 2026 (Tuesday)
  • All shares have no lock-in period (NA)
  • Companies include Angel One, Avantel, HDB Financial Services, ICICI Bank, Indiqube Spaces, and Inox Green Energy Services
  • Largest issuance: Indiqube Spaces Limited with 1,953,646 shares
  • ICICI Bank issued 158,926 shares despite having the largest distinctive number range

Regulatory Changes

No regulatory changes. This is a routine listing notification for shares issued under existing ESOP/ESOS frameworks.

Compliance Requirements

All market participants are required to:

  • Take note of the newly listed securities
  • Update their systems to reflect the increased share capital for these companies
  • Contact BSE at 022-2272-5878 for any clarifications

Important Dates

  • Notice Date: January 5, 2026
  • Trading Commencement: January 6, 2026 (Tuesday)
  • Lock-in Period: None (NA for all companies)

Impact Assessment

Market Impact: Minimal. The issuance represents routine employee compensation through stock options. The dilution impact is relatively small for all companies listed.

Operational Impact: Low. This is a standard administrative listing with no special trading restrictions or compliance requirements beyond acknowledgment.

Company-Specific Impact:

  • Indiqube Spaces: Largest dilution with 1.95M shares
  • Avantel: Second largest with 497,410 shares
  • HDB Financial Services: 190,957 shares issued
  • ICICI Bank: 158,926 shares (minimal dilution given total outstanding shares)
  • Inox Green Energy: 102,500 shares
  • Angel One: 16,140 shares (smallest issuance)

The absence of lock-in periods means all shares are immediately available for trading.

Impact Justification

Routine listing of employee stock option shares with no lock-in period. Minor dilution across 6 companies with ICICI Bank and Indiqube having largest share issuances.