Description
BSE lists additional shares issued under Employee Stock Option/Purchase Plans by 12 companies including ICICI Bank, Federal Bank, SBI Life, UNO Minda, and Marico, effective February 26, 2026. No lock-in period applies to any of the newly listed securities.
Summary
BSE Notice No. 20260225-15 informs market participants that further new securities issued by 12 companies under their Employee Stock Option (ESOP) or Employee Stock Ownership Scheme (ESOS) programs are listed and admitted for trading on BSE with effect from Thursday, February 26, 2026. No lock-in period applies to any of the newly listed securities.
Key Points
- 12 companies have listed additional shares arising from ESOP/ESOS exercises.
- All newly listed securities are effective for trading from February 26, 2026.
- No lock-in period is applicable to any of the listed shares.
- The largest additions by share count are Federal Bank (4,18,906 shares), ICICI Bank (3,69,765 shares), and UNO Minda (3,64,806 shares).
- Face values range from ₹1 (Marico) to ₹10 (Centum Electronics, CreditAccess Grameen, ICICI Lombard, ICICI Prudential Life, Natural Capsules, SBI Life Insurance).
Regulatory Changes
No new regulatory changes are introduced. This is a standard listing notification under BSE’s ongoing process for admitting further securities issued under approved ESOP/ESOS schemes.
Compliance Requirements
- Market participants should update their records to reflect the new share distribution ranges for each company.
- No specific action is required from investors; the securities are automatically eligible for trading.
Important Dates
- Notice Date: February 25, 2026
- Effective Trading Date: February 26, 2026 (Thursday)
- Lock-in Expiry: Not applicable (NA for all 12 companies)
Impact Assessment
| # | Company | Scrip Code | ISIN | Shares Added | Face Value |
|---|---|---|---|---|---|
| 1 | Centum Electronics Limited | 517544 | INE320B01020 | 4,833 | ₹10 |
| 2 | CreditAccess Grameen Ltd. | 541770 | INE741K01010 | 11,675 | ₹10 |
| 3 | EPL Limited | 500135 | INE255A01020 | 13,942 | ₹2 |
| 4 | Federal Bank Limited | 500469 | INE171A01029 | 4,18,906 | ₹2 |
| 5 | ICICI Bank Limited | 532174 | INE090A01021 | 3,69,765 | ₹2 |
| 6 | ICICI Lombard General Insurance | 540716 | INE765G01017 | 47,109 | ₹10 |
| 7 | ICICI Prudential Life Insurance | 540133 | INE726G01019 | 1,24,912 | ₹10 |
| 8 | Marico Limited | 531642 | INE196A01026 | 17,077 | ₹1 |
| 9 | Natural Capsules Limited | 524654 | INE936B01015 | 45,000 | ₹10 |
| 10 | Poonawalla Fincorp Limited | 524000 | INE511C01022 | 68,092 | ₹2 |
| 11 | SBI Life Insurance Company Ltd. | 540719 | INE123W01016 | 1,86,958 | ₹10 |
| 12 | UNO Minda Limited | 532539 | INE405E01023 | 3,64,806 | ₹2 |
The market impact of these listings is expected to be negligible. ESOP-related share additions are typically small relative to each company’s total outstanding equity. Since there is no lock-in, employees who have exercised their options may sell immediately, but the volumes are unlikely to move prices materially for large-cap names. Natural Capsules (45,000 shares) may see a relatively more noticeable addition given its smaller market cap.
Impact Justification
Routine ESOP/ESOS listing notice covering 12 companies including large-cap names like ICICI Bank, Federal Bank, and SBI Life. The share quantities are small relative to total outstanding shares, so market impact is minimal. Relevant primarily to employees exercising options and compliance tracking.