Description
BSE announces listing of 2,867,624 additional equity shares issued under ESOP/ESOS schemes by 10 companies, effective January 19, 2026.
Summary
BSE has announced the listing and admission to trading of further securities issued by 10 companies under their Employee Stock Option Plan (ESOP) and Employee Stock Option Scheme (ESOS). A total of 2,867,624 new equity shares will be listed with effect from Monday, January 19, 2026. The shares are not under any lock-in period and represent incremental equity issued to employees exercising their stock options.
Key Points
- 10 companies issuing additional equity shares under ESOP/ESOS schemes
- Total of 2,867,624 new shares being listed
- Effective listing date: January 19, 2026
- No lock-in period applicable to any of the shares
- ICICI Bank has the largest issuance with 1,185,510 shares (face value ₹2)
- IDFC First Bank issuing 964,770 shares (face value ₹10)
- International Conveyors Limited issuing 402,000 shares (face value ₹1)
- Face values vary from ₹1 to ₹10 depending on the company
- All shares are fully fungible with existing equity shares
Regulatory Changes
No regulatory changes introduced. This is a routine listing notification for shares issued under existing ESOP/ESOS frameworks approved by respective companies.
Compliance Requirements
- Market participants must take note of the additional shares being listed
- Updated share capital figures to be reflected in trading systems
- Companies must ensure proper disclosure of diluted equity capital
- Depositories to update ISIN-wise share quantities
- For clarifications, market participants may contact BSE at 022-2272 5271/5878
Important Dates
- Notice Date: January 16, 2026
- Listing Effective Date: January 19, 2026 (Monday)
- Trading Commencement: January 19, 2026
Impact Assessment
Market Impact: Minimal. ESOP share listings are routine corporate actions representing a small percentage increase in outstanding shares. The dilution impact ranges from negligible to minor across the 10 companies.
Trading Impact: Low liquidity impact expected as these shares become tradable without restrictions. ICICI Bank and IDFC First Bank have the largest absolute numbers but represent minimal dilution given their large existing share base.
Corporate Impact: Positive for employee compensation and retention. Companies fulfilling commitments under employee incentive schemes. No impact on operations or fundamentals.
Investor Impact: Marginal dilution for existing shareholders. Share price impact typically neutral to slightly negative but immaterial given the small quantities relative to total market capitalization.
Impact Justification
Routine listing of ESOP shares with minimal market impact; incremental increase in share capital for existing listed companies