Description

BSE lists additional securities from 10 companies issued under Employee Stock Option Plans, effective January 8, 2026.

Summary

BSE has announced 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). These securities will be listed with effect from Thursday, January 8, 2026. The total number of shares being listed is 1,011,387 across the companies, with no lock-in period applicable to any of the securities.

Key Points

  • 10 companies are listing additional securities under ESOP/ESOS schemes
  • Total shares being listed: 1,011,387 shares
  • Effective date of listing: January 8, 2026
  • No lock-in period applies to any of the listed securities
  • Largest issuance: Max Healthcare Institute Limited with 232,104 shares (face value ₹10)
  • Companies span various sectors including banking, healthcare, insurance, paints, aviation, and technology

Companies and Share Details

  1. Berger Paints India Ltd (ISIN: INE463A01038, Scrip: 509480) - 39,060 shares, FV ₹1
  2. Brainbees Solutions Limited (ISIN: INE02RE01045, Scrip: 544226) - 21,474 shares, FV ₹2
  3. Federal Bank Ltd (ISIN: INE171A01029, Scrip: 500469) - 112,883 shares, FV ₹2
  4. ICICI Bank Ltd (ISIN: INE090A01021, Scrip: 532174) - 142,357 shares, FV ₹2
  5. ICICI Prudential Life Insurance Company Limited (ISIN: INE726G01019, Scrip: 540133) - 39,162 shares, FV ₹10
  6. Jamna Auto Industries Ltd (ISIN: INE039C01032, Scrip: 520051) - 16,750 shares, FV ₹1
  7. Max Healthcare Institute Limited (ISIN: INE027H01010, Scrip: 543220) - 232,104 shares, FV ₹10
  8. Sammaan Capital Limited (ISIN: INE148I01020, Scrip: 535789) - 300,617 shares, FV ₹2
  9. SpiceJet Limited (ISIN: INE285B01017, Scrip: 500285) - 71,500 shares, FV ₹10
  10. Zensar Technologies Ltd (ISIN: INE520A01027, Scrip: 504067) - 35,480 shares, FV ₹2

Regulatory Changes

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

Compliance Requirements

  • Market participants must take note of the new securities being listed
  • Updated share capital and distinctive number ranges should be incorporated into trading systems
  • For clarifications, market participants should contact BSE at 022-2272-5878

Important Dates

  • Notice Date: January 7, 2026
  • Effective Listing Date: January 8, 2026
  • Lock-in Period: Not applicable (NA) for all companies

Impact Assessment

The impact of this listing is minimal as it represents routine ESOP/ESOS share issuances. The total number of shares (1,011,387) represents a small fraction of the outstanding shares for these established companies. The absence of lock-in periods means these shares are immediately available for trading, though the typical holding pattern of employee stock options suggests limited immediate market pressure. This is a routine corporate action with no expected material impact on stock prices or market operations.

Impact Justification

Routine listing of ESOP shares with no lock-in period, minimal market impact expected