Description
BSE lists new securities from 10 companies issued under Employee Stock Option Plans (ESOP/ESOS), effective for trading from March 4, 2026. Companies include HDFC Bank, ICICI Bank, Wipro, and others.
Summary
BSE has notified all market participants that further new securities issued by 10 companies under Employee Stock Option Plans (ESOP) or Employee Stock Option Schemes (ESOS) have been listed and admitted for trading on the Exchange with effect from Wednesday, March 4, 2026. None of the newly listed shares carry any lock-in restrictions.
Key Points
- 10 companies have had new ESOP/ESOS shares listed on BSE effective March 4, 2026
- All newly listed shares have no lock-in period (NA)
- The largest issuance is by HDFC Bank Limited with 906,722 shares (face value ₹1)
- ICICI Bank Limited issued 376,461 shares (face value ₹2)
- RBL Bank Limited issued 235,707 shares (face value ₹10)
- Wipro Limited issued 129,574 shares (face value ₹2)
- Smaller issuances from Aarti Pharmalabs (10,457), Balaji Telefilms (25,000), Carborundum Universal (16,702), Indegene (13,332), Quess Corp (14,918), and Solara Active Pharma Sciences (1,500)
Regulatory Changes
No regulatory changes. This is a routine administrative notice regarding the listing of securities already issued under approved ESOP/ESOS schemes.
Compliance Requirements
All market participants are requested to take note of the newly listed securities and their respective ISIN numbers and distribution ranges for settlement and trading purposes.
Important Dates
- Notice Date: March 2, 2026
- Effective Trading Date: Wednesday, March 4, 2026
Impact Assessment
| Company | Scrip Code | ISIN | Shares Listed | Face Value (₹) | Distribution Range |
|---|---|---|---|---|---|
| Aarti Pharmalabs Limited | 543748 | INE0LRU01027 | 10,457 | 5 | 90897295–90907751 |
| Balaji Telefilms Limited | 532382 | INE794B01026 | 25,000 | 2 | 141734845–141759844 |
| Carborundum Universal Limited | 513375 | INE120A01034 | 16,702 | 1 | 190447865–190464566 |
| HDFC Bank Limited | 500180 | INE040A01034 | 906,722 | 1 | 16554071193–16554977914 |
| ICICI Bank Limited | 532174 | INE090A01021 | 376,461 | 2 | 7157263531–7157639991 |
| Indegene Limited | 544172 | INE065X01017 | 13,332 | 2 | 240466753–240480084 |
| Quess Corp Limited | 539978 | INE615P01015 | 14,918 | 10 | 220526186–220541103 |
| RBL Bank Limited | 540065 | INE976G01028 | 235,707 | 10 | 617652173–617887879 |
| Solara Active Pharma Sciences Limited | 541540 | INE624Z01016 | 1,500 | 10 | 48170063–48171562 |
| Wipro Limited | 507685 | INE075A01022 | 129,574 | 2 | 11701857997–11701987570 |
The market impact is minimal. These are small incremental additions to existing share capital resulting from employee stock option exercises. No lock-in periods apply, meaning all shares are freely tradable from the effective date. The largest issuance (HDFC Bank at ~906K shares) is negligible relative to its total outstanding shares (~16.5 billion).
Impact Justification
Routine ESOP/ESOS listing notice with no lock-in restrictions. Affects 10 companies with relatively small share issuances (except HDFC Bank at ~906K shares and ICICI Bank at ~376K shares). No regulatory changes or compliance requirements for market participants beyond taking note.