Description
BSE lists new securities issued by 8 companies under ESOP/ESOS schemes, effective for trading from Monday, February 23, 2026. Companies include Aditya Birla Lifestyle Brands, Aether Industries, ArisInfra Solutions, Karnataka Bank, Lloyds Engineering Works, PB Fintech, Wanbury, and Zaggle Prepaid Ocean Services.
Summary
BSE has listed additional securities issued by 8 companies under their Employee Stock Option Plan (ESOP) or Employee Stock Option Scheme (ESOS) programmes. These new shares are admitted for trading on BSE with effect from Monday, February 23, 2026. None of the newly listed shares are subject to any lock-in period.
Key Points
- 8 companies have had new ESOP/ESOS-allotted shares listed on BSE
- Effective trading date: Monday, February 23, 2026
- None of the newly issued shares carry any lock-in restriction (all marked NA)
- Total new shares span a range from 5,500 (Aditya Birla Lifestyle Brands) to 5,880,060 (Lloyds Engineering Works)
- Notice issued under BSE Notice No. 20260220-19
New Listings Detail
| Company | ISIN | Scrip Code | No. of Shares | Face Value (₹) | Dist. Nos. From | Dist. Nos. To |
|---|---|---|---|---|---|---|
| Aditya Birla Lifestyle Brands Limited | INE14LE01019 | 544403 | 5,500 | 10 | 1220554010 | 1220559509 |
| Aether Industries Limited | INE0BWX01014 | 543534 | 11,778 | 10 | 132662593 | 132674370 |
| ArisInfra Solutions Limited | INE0H9P01028 | 544419 | 312,340 | 2 | 81448907 | 81761246 |
| Karnataka Bank Limited | INE614B01018 | 532652 | 17,501 | 10 | 378172499 | 378189999 |
| Lloyds Engineering Works Limited | INE093R01011 | 539992 | 5,880,060 | 1 | 1474202027 | 1480082086 |
| PB Fintech Limited | INE417T01026 | 543390 | 18,330 | 2 | 522564741 | 522583070 |
| Wanbury Limited | INE107F01022 | 524212 | 47,400 | 10 | 34891999 | 34939398 |
| Zaggle Prepaid Ocean Services Limited | INE07K301024 | 543985 | 6,478 | 1 | 134451968 | 134458445 |
Regulatory Changes
No regulatory changes are introduced by this circular. This is a standard procedural notification confirming the admission of ESOP/ESOS-allotted shares to trading on BSE.
Compliance Requirements
No specific compliance actions are required from market participants. The notice is informational, advising all market participants to take note of the newly listed securities and their respective distribution numbers.
Important Dates
- Circular Date: February 20, 2026
- Effective Trading Date: Monday, February 23, 2026
- Lock-in Expiry: Not applicable (no lock-in for any listed shares)
Impact Assessment
The impact is routine and low. These are standard ESOP/ESOS listings that represent employee compensation conversions into tradeable equity. The largest addition is Lloyds Engineering Works Limited with 5,880,060 new shares (face value ₹1), which could have a minor dilutive effect. All other companies see modest additions. Since no lock-in applies, shares are immediately tradeable from February 23, 2026, but volumes are unlikely to be market-moving given the small quantities relative to typical float sizes.
Impact Justification
Routine ESOP/ESOS listing notice with no lock-in restrictions on any shares. The total share additions are relatively small relative to existing share capital for most companies, with the exception of Lloyds Engineering Works (5.88 million shares). No regulatory changes or compliance actions required from market participants.