Description
BSE lists new securities issued under Employee Stock Option Plans (ESOP/ESOS) for 13 companies, admitted for trading effective April 16, 2026. No lock-in period applies to any of the newly listed shares.
Summary
BSE has listed and admitted for trading further new securities issued under Employee Stock Option Plans (ESOP/ESOS) for 13 companies, effective Thursday, April 16, 2026. The newly listed shares carry no lock-in period (NA) and span a range of sectors including financial services, technology, energy, healthcare, and industrials.
Key Points
- 13 companies have had new ESOP/ESOS shares listed on BSE effective April 16, 2026
- No lock-in period applies to any of the newly listed securities
- Total shares listed range from 2,000 (NIIT Learning Systems) to 944,886 (Shadowfax Technologies)
- Notice issued by BSE Listing Operations department under Notice No. 20260415-9
- Signed by Marian Dsouza (Assistant Vice President) and Nilima Burghate (Deputy Manager)
Newly Listed Securities
| Company | Scrip Code | ISIN | Shares Listed | Face Value (₹) |
|---|---|---|---|---|
| Aditya Birla Capital Limited | 540691 | INE674K01013 | 8,14,359 | 10 |
| Allied Digital Services Limited | 532875 | INE102I01027 | 54,400 | 5 |
| APL Apollo Tubes Limited | 533758 | INE702C01027 | 22,379 | 2 |
| Delhivery Limited | 543529 | INE148O01028 | 86,225 | 1 |
| Dr. Agarwal’s Health Care Limited | 544350 | INE943P01029 | 1,50,282 | 1 |
| Infosys Ltd | 500209 | INE009A01021 | 31,656 | 5 |
| Jamna Auto Industries Limited | 520051 | INE039C01032 | 75,500 | 1 |
| NIIT Learning Systems Limited | 543952 | INE342G01023 | 2,000 | 2 |
| Polycab India Limited | 542652 | INE455K01017 | 4,500 | 10 |
| Rishabh Instruments Limited | 543977 | INE0N2P01017 | 3,100 | 10 |
| Rubicon Research Limited | 544578 | INE506V01022 | 3,41,815 | 1 |
| Shadowfax Technologies Limited | 544685 | INE12UN01015 | 9,44,886 | 10 |
| Waaree Energies Limited | 544277 | INE377N01017 | 10,430 | 10 |
Regulatory Changes
No regulatory changes are introduced by this notice. It is a routine listing notification under BSE’s Listing Operations framework for ESOP/ESOS share allotments by member companies.
Compliance Requirements
- Market participants are requested to take note of the newly listed securities and update their systems accordingly
- No specific action is required from investors or brokers beyond awareness of the additional shares now available for trading
- Companies have fulfilled their obligation to notify BSE of the ESOP/ESOS allotments prior to listing
Important Dates
- Notice Date: April 15, 2026
- Effective Trading Date: Thursday, April 16, 2026
- Lock-in Period: None (NA for all 13 companies)
Impact Assessment
This is a routine, low-impact circular. The newly listed ESOP/ESOS shares represent incremental dilution for each company, but the quantities are relatively small in most cases compared to total outstanding shares. Shadowfax Technologies (9,44,886 shares) and Aditya Birla Capital (8,14,359 shares) have the largest new listings by volume. Since no lock-in period applies, these shares are immediately tradable, which may have a marginal short-term dilutive effect on existing shareholders. Overall market impact is minimal.
Impact Justification
Routine periodic ESOP/ESOS listing notice with no regulatory changes, no lock-in constraints, and relatively small share quantities across 13 companies; primarily informational for market participants.