Description

BSE announces listing and admission for trading of further securities issued under ESOP/ESOS schemes by 10 companies, effective February 09, 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 new securities will be available for trading from Monday, February 09, 2026. The total issuance includes shares across various face values with no lock-in restrictions.

Key Points

  • Total of 10 companies listing ESOP/ESOS shares
  • Effective trading date: February 09, 2026
  • All issued shares have no lock-in period (marked as NA)
  • Total shares issued range from 12,365 (AAVAS Financiers) to 610,900 (L&T Finance Limited)
  • Face values vary from Re. 1 to Rs. 10 per share
  • Notice Number: 20260206-12

Companies and Share Details

  1. AAVAS Financiers Limited (541988): 12,365 shares at FV Rs. 10
  2. AXIS Bank Limited (532215): 438,206 shares at FV Rs. 2
  3. ICICI Lombard General Insurance Company Limited (540716): 38,044 shares at FV Rs. 10
  4. Kirloskar Pneumatic Co. Limited (505283): 12,500 shares at FV Rs. 2
  5. L&T Finance Limited (533519): 610,900 shares at FV Rs. 10
  6. Max India Limited (543223): 12,500 shares at FV Rs. 10
  7. Nuvama Wealth Management Limited (543988): 167,230 shares at FV Rs. 2
  8. Transwarranty Finance Limited (532812): 541,368 shares at FV Rs. 10
  9. V-Guard Industries Limited (532953): 409,887 shares at FV Re. 1
  10. V-Mart Retail Limited (534976): 19,264 shares at FV Rs. 10

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification for employee stock option conversions.

Compliance Requirements

  • Market participants must note the listing of these additional securities
  • No specific compliance actions required beyond standard trading procedures
  • No lock-in restrictions apply to any of the listed securities

Important Dates

  • Notice Date: February 06, 2026
  • Effective Trading Date: February 09, 2026 (Monday)
  • Lock-in Expiry: Not applicable (NA for all securities)

Impact Assessment

Minimal market impact expected. These are routine ESOP/ESOS conversions representing employee stock option exercises. The share quantities are relatively small compared to the existing float of these companies. The absence of lock-in restrictions means these shares are immediately tradeable, but the employee nature of the issuance typically results in gradual market absorption rather than immediate selling pressure.

Impact Justification

Routine listing of ESOP/ESOS shares with no lock-in restrictions; minimal market impact as these are employee stock option conversions.