Description
BSE notifies listing and admission for trading of new securities issued under ESOP/ESOS by 16 companies, effective February 24, 2026. Companies include Wipro, ICICI Bank, Bajaj Finserv, Tech Mahindra, and others.
Summary
BSE has notified all market participants that further new securities issued under Employee Stock Option Plans (ESOP) and Employee Stock Option Schemes (ESOS) by 16 listed companies are admitted for trading on the Exchange effective Tuesday, February 24, 2026. None of the newly listed shares carry any lock-in restrictions.
Key Points
- 16 companies have new ESOP/ESOS shares listed effective February 24, 2026
- No lock-in period applies to any of the newly issued securities
- Largest issuance by volume: Bajaj Finserv Limited — 2,736,768 shares (Face Value ₹1)
- Second largest: Wipro Limited — 136,919 shares (Face Value ₹2)
- Third largest: Motilal Oswal Financial Services Limited — 515,126 shares (Face Value ₹1)
- Smallest issuance: IZMO Limited — 9,000 shares (Face Value ₹10)
- All securities are in dematerialised form with assigned ISIN codes
Regulatory Changes
No regulatory changes introduced. This is a standard operational notice pursuant to ESOP/ESOS allotments already approved by respective companies under SEBI (Share Based Employee Benefits and Sweat Equity) Regulations.
Compliance Requirements
- Market participants and trading members must update their systems to reflect the new share counts effective February 24, 2026
- No action required from retail investors; shares are directly credited to allottee demat accounts
- Companies have fulfilled their listing obligations by notifying BSE of the new securities
Important Dates
- Notice Date: February 23, 2026
- Effective Trading Date: February 24, 2026 (Tuesday)
- Lock-in Expiry: Not applicable (NA for all 16 companies)
Impact Assessment
| Company | Scrip Code | ISIN | Shares Added | Face Value (₹) |
|---|---|---|---|---|
| Aditya Birla Sun Life AMC Limited | 543374 | INE404A01024 | 6,553 | 5 |
| Awfis Space Solutions Limited | 544181 | INE108V01019 | 31,450 | 10 |
| Bajaj Finserv Limited | 532978 | INE918I01026 | 2,736,768 | 1 |
| Birlasoft Limited | 532400 | INE836A01035 | 816,103 | 2 |
| DCB Bank Limited | 532772 | INE503A01015 | 30,150 | 10 |
| Dr. Reddy’s Laboratories Limited | 500124 | INE089A01031 | 12,665 | 1 |
| Home First Finance Company India Limited | 543259 | INE481N01025 | 150,385 | 2 |
| ICICI Bank Limited | 532174 | INE090A01021 | 16,216 | 2 |
| IZMO Limited | 532341 | INE848A01014 | 9,000 | 10 |
| J.B. Chemicals & Pharmaceuticals Limited | 506943 | INE572A01036 | 31,160 | 1 |
| Metro Brands Limited | 543426 | INE317I01021 | 18,234 | 5 |
| Motilal Oswal Financial Services Limited | 532892 | INE338I01027 | 515,126 | 1 |
| Restaurant Brands Asia Limited | 543248 | INE07T201019 | 70,830 | 10 |
| Tech Mahindra Limited | 532755 | INE669C01036 | 36,646 | 5 |
| The Phoenix Mills Limited | 503100 | INE211B01039 | 13,762 | 2 |
| Wipro Limited | 507685 | INE075A01022 | 136,919 | 2 |
The dilutive impact on existing shareholders is minimal for large-cap companies (ICICI Bank, Wipro, Bajaj Finserv) given their large outstanding share bases. For smaller companies like IZMO and Awfis, the relative dilution may be marginally more noticeable. Since no lock-in applies, allottees can sell immediately from February 24, 2026.
Impact Justification
Routine ESOP/ESOS listing notice affecting 16 companies. Largest additions are Bajaj Finserv (2.7M shares) and Wipro (136K shares). No lock-in restrictions apply, so shares are immediately tradable. Individually small relative to outstanding share counts, but collectively relevant to shareholders and option holders of these companies.