Description

BSE announces listing of further securities issued under ESOP/ESOS by six companies including Axis Bank, HDFC Bank, and others, effective January 27, 2026.

Summary

BSE has announced the listing and admission for trading of further securities issued by six companies under their Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS). The new securities will be available for trading with effect from Tuesday, January 27, 2026. All listed shares have no lock-in period.

Key Points

  • Six companies are listing additional shares issued under ESOP/ESOS schemes
  • Total of 18,285,537 shares across all companies
  • HDFC Bank has the largest issuance with 2,288,142 shares (face value ₹1)
  • Urban Company Limited has the highest number of shares at 16,071,034 shares (face value ₹1)
  • Axis Bank listing 59,522 shares (face value ₹2)
  • Genesys International listing 20,165 shares (face value ₹5)
  • Home First Finance listing 172,424 shares (face value ₹2)
  • SRG Housing Finance listing 7,250 shares (face value ₹10)
  • None of the shares are under lock-in period

Regulatory Changes

No regulatory changes introduced. This is a routine notification of securities listing.

Compliance Requirements

  • Market participants are required to take note of the new securities being admitted for trading
  • No specific compliance actions required from market participants
  • For clarifications, contact BSE at 022-2272 5271/5878

Important Dates

  • Notice Date: January 23, 2026
  • Trading Commencement Date: January 27, 2026 (Tuesday)
  • Lock-in Expiry: Not applicable (NA) - no lock-in period for any of the securities

Impact Assessment

Market Impact: Minimal. The issuance represents routine ESOP/ESOS conversions that are part of normal corporate compensation practices. The quantities being listed are relatively small compared to the outstanding shares of these large banks and companies.

Trading Impact: No significant impact on trading volumes or liquidity expected. These shares are immediately available for trading without any lock-in restrictions.

Investor Impact: Neutral. Employee stock option conversions are anticipated corporate actions and typically factored into dilution calculations by investors.

Impact Justification

Routine listing of ESOP/ESOS shares with no lock-in period; minimal market impact as these are small quantities relative to outstanding shares