Description
BSE lists additional securities from four companies issued under Employee Stock Option Plans (ESOP/ESOS), effective for trading from May 6, 2026.
Summary
BSE has listed further securities issued by four companies under their Employee Stock Option Plans (ESOP/ESOS). These securities are admitted for trading on the Exchange with effect from Wednesday, May 6, 2026. None of the newly listed shares are subject to any lock-in period.
Key Points
- Four companies have had additional ESOP/ESOS shares listed for trading effective May 6, 2026
- No lock-in restrictions apply to any of the newly listed securities
- Total new shares span across equity segment with varying face values
- Notice issued by BSE Listing Operations department
Regulatory Changes
No new regulatory changes introduced. This is a standard operational notice for listing of employee stock option shares as per existing ESOP/ESOS frameworks.
Compliance Requirements
Trading members are informed to update their systems to recognize the new ISIN ranges for trading. No additional compliance action is required from the listed companies beyond the already completed ESOP/ESOS allotment process.
Important Dates
- Notice Date: May 5, 2026
- Effective Trading Date: May 6, 2026 (Wednesday)
Impact Assessment
| Company | ISIN | Scrip Code | New Shares | Face Value | Share Range |
|---|---|---|---|---|---|
| Intellect Design Arena Limited | INE306R01017 | 538835 | 217,398 | ₹5 | 139,777,122 – 139,994,519 |
| Raghav Productivity Enhancers Limited | INE912T01018 | 539837 | 9,990 | ₹10 | 45,911,961 – 45,921,950 |
| Sammaan Capital Limited | INE148I01020 | 535789 | 185,310 | ₹2 | 1,161,683,872 – 1,161,869,181 |
| TD Power Systems Ltd | INE419M01027 | 533553 | 13,600 | ₹2 | 156,214,831 – 156,228,430 |
The overall market impact is minimal. These are routine ESOP allotments representing small increases in outstanding share capital for each company. The largest allotment is Intellect Design Arena with 217,398 shares, while the smallest is Raghav Productivity Enhancers with 9,990 shares.
Impact Justification
Routine ESOP/ESOS listing of further securities for four companies with no lock-in restrictions; minimal market impact as these are relatively small allotments under employee stock schemes.