Description

BSE announces listing and admission for trading of further securities issued by 10 companies under ESOP/ESOS schemes, effective February 1, 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 available for trading with effect from February 1, 2026. The total shares being listed range from 543 shares (Tata Elxsi) to 1,091,052 shares (IDFC First Bank), with no lock-in restrictions applicable to any of the listed securities.

Key Points

  • 10 companies are listing additional shares under ESOP/ESOS schemes
  • Effective date for trading: February 1, 2026
  • Total shares across all companies: approximately 1,780,219 shares
  • No lock-in period applies to any of the listed securities
  • Face values range from ₹1 to ₹10 per share
  • All securities are in the equity segment

Companies and Share Details

  1. CG Power and Industrial Solutions Limited (500093): 15,000 shares at ₹2 face value
  2. DCB Bank Limited (532772): 38,400 shares at ₹10 face value
  3. Federal Bank Limited (500469): 205,701 shares at ₹2 face value
  4. FSN E-Commerce Ventures Limited/Nykaa (543384): 163,400 shares at ₹1 face value
  5. ICICI Prudential Life Insurance Company Limited (540133): 31,000 shares at ₹10 face value
  6. IDFC First Bank Limited (539437): 1,091,052 shares at ₹10 face value
  7. Jyoti Structures Limited (513250): 191,000 shares at ₹2 face value
  8. Karnataka Bank Limited (532652): 10,000 shares at ₹10 face value
  9. Saurashtra Cement Limited (502175): 34,123 shares at ₹10 face value
  10. Tata Elxsi Limited (500408): 543 shares at ₹10 face value

Regulatory Changes

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

Compliance Requirements

  • Market participants are required to take note of the newly listed securities
  • Trading systems should be updated to reflect the additional shares available for trading from February 1, 2026
  • The distinctive numbers (Dist Nos.) have been allocated for each company’s new shares as specified in the notice

Important Dates

  • Notice Date: January 30, 2026
  • Listing and Trading Effective Date: February 1, 2026
  • Lock-in Period: Not applicable (NA) for all companies

Impact Assessment

Market Impact: Minimal. The listing of ESOP shares is a routine corporate action that typically has limited immediate impact on stock prices. The quantities being listed are relatively small compared to the existing float of these companies, with the largest issuance being IDFC First Bank at approximately 1.09 million shares.

Liquidity Impact: Marginal increase in available shares for trading across these 10 companies. Since there are no lock-in restrictions, all shares are immediately available for trading, which may provide slight additional liquidity.

Investor Impact: Employees who have exercised their stock options can now trade these shares on the exchange. The absence of lock-in periods provides immediate liquidity to option holders.

Impact Justification

Routine listing of ESOP shares with relatively small quantities that will have minimal market impact. No lock-in restrictions apply.