Description

BSE notification regarding the listing of equity shares allotted under Employee Stock Option Plans (ESOP/ESOS) by companies, with details on share ranges and lock-in periods.

Summary

BSE has listed further securities issued by companies under Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS). The circular details four separate tranches of equity shares totaling 658,010 shares, with specific serial number ranges and lock-in provisions.

Key Points

  • Total of 658,010 equity shares listed across 4 tranches
  • Tranche 1: 188,400 shares (Serial No. 12528959772-12529148171) - No lock-in
  • Tranche 2: 86,000 shares (Serial No. 12529048172-12529134171) - Lock-in applied
  • Tranche 3: 97,600 shares (Serial No. 12529134172-12529143371) - No lock-in
  • Tranche 4: 269,610 shares (Serial No. 12529143372-12529229381) - Lock-in applied
  • Lock-in period for applicable tranches: January 15, 2026 to February 14, 2026 (30 days)

Regulatory Changes

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

Compliance Requirements

  • Companies must adhere to lock-in restrictions for tranches 2 and 4
  • Locked-in shares cannot be traded during the specified lock-in period
  • Trading participants should note serial number ranges for verification

Important Dates

  • Listing Date: January 27, 2026
  • Lock-in Period Start: January 15, 2026
  • Lock-in Period End: February 14, 2026

Impact Assessment

Minimal market impact expected. This is a routine administrative listing of employee stock options with relatively small share volumes. The lock-in provisions on approximately 54% of the shares (355,610 shares) will prevent immediate trading. These listings represent standard employee compensation mechanisms and do not indicate material corporate actions or changes in market structure.

Impact Justification

Routine listing notification for ESOP shares with standard lock-in provisions. Limited market impact as it relates to employee compensation and small share volumes.