Description
BSE lists further securities issued under ESOP/ESOS by 8 companies, effective January 20, 2026, including Axis Bank, CG Power, Cyient, and others.
Summary
BSE has announced the listing and admission for trading of further securities issued under Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS) by 8 companies. These securities will be available for trading with effect from Tuesday, January 20, 2026. All listed shares have no lock-in period restrictions.
Key Points
- 8 companies are listing additional equity shares issued under ESOP/ESOS schemes
- Total of 570,629 new shares to be listed across all companies
- All shares will be available for trading from January 20, 2026
- None of the newly listed shares are subject to any lock-in period
- Notice issued by BSE on January 19, 2026 (Notice No. 20260119-10)
Company-wise Details
| Sr.No | Company Name | ISIN | Scrip Code | No. of Shares | Face Value (₹) |
|---|---|---|---|---|---|
| 1 | Axis Bank Limited | INE238A01034 | 532215 | 88,198 | 2 |
| 2 | CG Power and Industrial Solutions Limited | INE067A01029 | 500093 | 10,000 | 2 |
| 3 | Cyient Limited | INE136B01020 | 532175 | 12,442 | 5 |
| 4 | Dr. Agarwal’s Health Care Limited | INE943P01029 | 544350 | 337,504 | 1 |
| 5 | Five-Star Business Finance Limited | INE128S01021 | 543663 | 10,750 | 1 |
| 6 | KFin Technologies Limited | INE138Y01010 | 543720 | 5,506 | 10 |
| 7 | Sterlite Technologies Limited | INE089C01029 | 532374 | 24,600 | 2 |
| 8 | Tracxn Technologies Limited | INE0HMF01019 | 543638 | 81,629 | 1 |
Regulatory Changes
No regulatory changes announced. This is a routine administrative notification for sub-listing of securities issued under existing ESOP/ESOS frameworks.
Compliance Requirements
- Market participants are required to take note of the new securities being listed
- Trading systems should be updated to reflect the increased share capital for these companies
- For clarifications, market participants can contact BSE at 022-2272 5271/5878
Important Dates
- Notice Date: January 19, 2026
- Listing and Trading Effective Date: January 20, 2026 (Tuesday)
- Lock-in Period: Not applicable (NA) for all companies
Impact Assessment
Market Impact: Low - The listing of ESOP/ESOS shares represents a marginal increase in the outstanding share capital of these companies. Dr. Agarwal’s Health Care Limited has the largest issuance with 337,504 shares, while the other companies have relatively smaller numbers. Since there is no lock-in period, these shares are immediately tradable, but the volumes are unlikely to significantly impact market liquidity or price discovery for these securities.
Operational Impact: Minimal - This is a routine sub-listing process that exchanges and market participants handle regularly. No special operational adjustments are required beyond standard listing procedures.
Impact Justification
Routine administrative listing of ESOP/ESOS shares with no lock-in period. Limited market impact as the number of shares being listed is relatively small compared to total outstanding shares of these companies.