Description
BSE lists additional securities issued by seven companies under Employee Stock Option Plans (ESOP/ESOS), effective for trading from May 5, 2026.
Summary
BSE has notified trading members that additional securities issued by seven companies under Employee Stock Option Plans (ESOP/ESOS) are listed and admitted for trading on the Exchange effective Tuesday, May 5, 2026. All newly listed shares carry no lock-in restrictions (NA).
Key Points
- Seven companies have listed new ESOP/ESOS shares effective May 5, 2026
- All newly issued shares are free from lock-in restrictions
- Total new shares range from 2,352 (Jaro Institute) to 1,815,944 (WeWork India)
- Companies span banking, finance, technology, and logistics sectors
- Notice issued by BSE Listing Operations department under Company Related / Equity segment
Regulatory Changes
No regulatory changes. This is a routine operational notice informing trading members of newly listed ESOP/ESOS securities.
Compliance Requirements
No specific compliance requirements for trading members beyond awareness of the new securities available for trading. The listing is administrative in nature.
Important Dates
- Notice Date: May 4, 2026
- Effective Trading Date: May 5, 2026 (Tuesday)
Impact Assessment
| Company | Scrip Code | ISIN | New Shares | Face Value | Share Range |
|---|---|---|---|---|---|
| AXIS Bank Ltd. | 532215 | INE238A01034 | 43,588 | ₹2 | 3,108,565,911 – 3,108,609,498 |
| Cholamandalam Investment and Finance Co. Ltd | 511243 | INE121A01024 | 287,232 | ₹2 | 852,037,170 – 852,324,401 |
| ICICI Bank Ltd. | 532174 | INE090A01021 | 699,237 | ₹2 | 7,166,745,441 – 7,167,444,677 |
| Jaro Institute of Technology Management and Research Ltd | 544534 | INE00YJ01010 | 2,352 | ₹10 | 22,176,340 – 22,178,691 |
| R Systems International Ltd | 532735 | INE411H01032 | 4,414 | ₹1 | 166,497,039 – 166,501,452 |
| SHADOWFAX TECHNOLOGIES LIMITED | 544685 | INE12UN01015 | 727,452 | ₹10 | 582,271,506 – 582,998,957 |
| WeWork India Management Limited | 544570 | INE085001019 | 1,815,944 | ₹10 | 135,378,009 – 137,193,952 |
The market impact is minimal as ESOP/ESOS share additions are typically small relative to total outstanding capital and represent employee compensation rather than fresh fundraising. No price band changes or surveillance measures are associated with this listing.
Impact Justification
Routine ESOP/ESOS listing notice with no lock-in restrictions; affects seven companies with relatively small share additions relative to their total outstanding shares. No regulatory changes or compliance requirements for general market participants.