Description

BSE lists additional equity shares issued by 10 companies under their employee stock option schemes, effective February 09, 2026.

Summary

BSE has approved the listing and admission for trading of additional equity shares issued by 10 companies under their Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS). The new shares will be available for trading from Monday, February 09, 2026. None of the listed shares are subject to lock-in restrictions.

Key Points

  • 10 companies have issued additional shares under ESOP/ESOS programs
  • Total shares listed: 1,760,204 shares across all companies
  • All shares admitted for trading effective February 09, 2026
  • No lock-in period applies to any of the listed securities
  • Companies span multiple sectors including banking, insurance, finance, and retail

Details of Share Issuances

Listed Companies and Share Details:

  1. AAVAS Financiers Limited (541988)

    • Shares: 12,365 | Face Value: ₹10
    • Distinctive Numbers: 79179512 to 79191876

  2. AXIS Bank Limited (532215)

    • Shares: 438,206 | Face Value: ₹2
    • Distinctive Numbers: 3105459178 to 3105897383

  3. ICICI Lombard General Insurance Company Limited (540716)

    • Shares: 38,044 | Face Value: ₹10
    • Distinctive Numbers: 498107185 to 498145228

  4. Kirloskar Pneumatic Co. Limited (505283)

    • Shares: 12,500 | Face Value: ₹2
    • Distinctive Numbers: 64939591 to 64952090

  5. L&T Finance Limited (533519)

    • Shares: 610,900 | Face Value: ₹10
    • Distinctive Numbers: 2502976877 to 2503587776

  6. Max India Limited (543223)

    • Shares: 12,500 | Face Value: ₹10
    • Distinctive Numbers: 63207615 to 63220114

  7. Nuvama Wealth Management Limited (543988)

    • Shares: 167,230 | Face Value: ₹2
    • Distinctive Numbers: 181847954 to 182015183

  8. Transwarranty Finance Limited (532812)

    • Shares: 541,368 | Face Value: ₹10
    • Distinctive Numbers: 53974538 to 54515905

  9. V-Guard Industries Limited (532953)

    • Shares: 409,887 | Face Value: ₹1
    • Distinctive Numbers: 436344640 to 436754526

  10. V-Mart Retail Limited (534976)

    • Shares: 19,264 | Face Value: ₹10
    • Distinctive Numbers: 79439026 to 79458289

Regulatory Changes

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

Compliance Requirements

  • Market participants must update their records to reflect the new share issuances
  • Trading systems should be updated to accommodate the additional shares
  • Companies must ensure proper disclosure of the diluted share capital in subsequent filings

Important Dates

  • Notice Date: February 06, 2026
  • Trading Commencement Date: February 09, 2026 (Monday)
  • Lock-in Period: Not Applicable (NA) for all listed securities

Impact Assessment

The listing of these ESOP shares represents a routine corporate action with minimal market impact. The total number of shares being listed (1.76 million) is relatively small compared to the existing market capitalization of these companies. The absence of lock-in restrictions means these shares are immediately tradable, though the impact on share prices is expected to be negligible given the small dilution percentages. This is a positive development for employee shareholders who can now trade their vested stock options on the exchange.

Impact Justification

Routine listing of ESOP shares with no lock-in restrictions; minimal market impact as these are relatively small issuances compared to existing share capital.