Description
BSE lists new equity shares issued by 16 companies under Employee Stock Option/Employee Stock Ownership schemes, effective for trading from February 24, 2026. Companies include Bajaj Finserv, ICICI Bank, Wipro, Tech Mahindra, and others.
Summary
BSE has notified all market participants that additional equity shares issued by 16 companies under Employee Stock Option Plans (ESOP) and Employee Stock Ownership Schemes (ESOS) are listed and admitted for trading on the Exchange effective Tuesday, February 24, 2026. None of the newly listed shares are subject to any lock-in period.
Key Points
- 16 companies have new ESOP/ESOS shares admitted for trading from February 24, 2026
- Bajaj Finserv Limited has the largest allotment with 27,36,768 shares (INE918I01026, Scrip: 532978)
- Wipro Limited allotted 1,36,919 shares (INE075A01022, Scrip: 507685)
- Motilal Oswal Financial Services allotted 5,15,126 shares (INE338I01027, Scrip: 532892)
- Birlasoft Limited allotted 8,16,103 shares (INE836A01035, Scrip: 532400)
- All newly issued shares have no lock-in period (NA)
- Notice issued under Category: Company Related, Segment: Equity
Regulatory Changes
No regulatory changes. This is a standard operational notice pursuant to existing SEBI regulations governing listing of shares issued under employee benefit schemes.
Compliance Requirements
- Market participants are requested to update their records to reflect the new share distribution numbers for each company
- Trading systems should recognize the expanded ISIN ranges for affected companies effective February 24, 2026
- No action required from retail investors or general market participants
Important Dates
- Notice Date: February 23, 2026
- Effective Date for Trading: Tuesday, February 24, 2026
- Lock-in expiry: Not applicable (all shares are freely tradable from listing date)
Impact Assessment
| Company | Scrip Code | Shares Added | Face Value (₹) |
|---|---|---|---|
| Aditya Birla Sun Life AMC | 543374 | 6,553 | ₹5 |
| Awfis Space Solutions | 544181 | 31,450 | ₹10 |
| Bajaj Finserv | 532978 | 27,36,768 | ₹1 |
| Birlasoft | 532400 | 8,16,103 | ₹2 |
| DCB Bank | 532772 | 30,150 | ₹10 |
| Dr. Reddy’s Laboratories | 500124 | 12,665 | ₹1 |
| Home First Finance | 543259 | 1,50,385 | ₹2 |
| ICICI Bank | 532174 | 16,216 | ₹2 |
| IZMO Limited | 532341 | 9,000 | ₹10 |
| J.B. Chemicals & Pharma | 506943 | 31,160 | ₹1 |
| Metro Brands | 543426 | 18,234 | ₹5 |
| Motilal Oswal Financial | 532892 | 5,15,126 | ₹1 |
| Restaurant Brands Asia | 543248 | 70,830 | ₹10 |
| Tech Mahindra | 532755 | 36,646 | ₹5 |
| The Phoenix Mills | 503100 | 13,762 | ₹2 |
| Wipro Limited | 507685 | 1,36,919 | ₹2 |
The overall market impact is minimal as ESOP/ESOS share issuances represent routine employee compensation events. Dilution effect on existing shareholders is negligible given the small quantities relative to each company’s total paid-up capital. No material price impact is anticipated for any of the listed companies.
Impact Justification
Routine ESOP/ESOS listing circular involving 16 companies. Share quantities are small relative to total outstanding capital, with no lock-in restrictions. Represents minor dilution across well-known companies but no significant market-moving event.