Listing of Further Securities Issued Under ESOP/ESOS - 10 Companies

Description

BSE announces listing and trading admission of new securities issued under ESOP/ESOS by 10 companies including ICICI Bank, Federal Bank, Max Healthcare, and SpiceJet, effective January 8, 2026.

Summary

BSE has approved the listing and admission for trading of further securities issued by 10 companies under their Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS). The new shares will be available for trading from Thursday, January 8, 2026. The total securities being listed include shares from major companies such as ICICI Bank (142,357 shares), Max Healthcare (232,104 shares), Sammaan Capital (300,617 shares), and SpiceJet (71,500 shares). None of the listed securities are under lock-in period.

Key Points

• 10 companies are listing new securities issued under ESOP/ESOS schemes
• Trading will commence on January 8, 2026
• Total of 1,011,387 new shares across all companies
• No lock-in period applicable for any of the securities
• Largest issuance: Sammaan Capital Limited with 300,617 shares (face value ₹2)
• Major banks included: ICICI Bank (142,357 shares) and Federal Bank (112,883 shares)
• Healthcare sector: Max Healthcare listing 232,104 shares (face value ₹10)
• Aviation sector: SpiceJet listing 71,500 shares (face value ₹10)

Regulatory Changes

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

Compliance Requirements

• Market participants must take note of the new securities being listed
• Trading systems should be updated to reflect the increased share capital for these companies
• For clarifications, participants should contact BSE at 022-2272-5878

Important Dates

• Notice Date: January 7, 2026
• Trading Commencement Date: January 8, 2026
• Lock-in Expiry: Not Applicable (NA) - no lock-in period for any securities

Impact Assessment

The market impact is minimal as ESOP/ESOS listings are routine corporate actions. The share quantities being listed represent employee compensation and are relatively small compared to the outstanding equity of these large-cap and mid-cap companies. The absence of lock-in periods means these shares are immediately available for trading, though employee recipients may be subject to internal company policies. This listing increases market float marginally and reflects normal employee stock option exercise activity. No significant price movement or trading volume changes are expected as a result of this listing.

Detailed Listing Information

Impact Justification

Routine listing of ESOP/ESOS shares with no lock-in restrictions. Standard corporate action with minimal market impact as these are relatively small share quantities compared to outstanding equity.