Description

BSE lists additional equity shares issued by 9 companies under Employee Stock Option Plans (ESOP/ESOS), effective for trading from May 7, 2026. No lock-in applicable on any of the newly listed securities.

Summary

BSE has notified trading members that additional equity shares issued by 9 companies under their Employee Stock Option Plans (ESOP/ESOS) will be listed and admitted for trading effective Thursday, May 7, 2026. None of the newly listed shares are subject to any lock-in period.

Key Points

  • 9 companies are listing a combined ~1.65 lakh+ shares under ESOP/ESOS schemes
  • All newly issued securities are effective for trading from May 7, 2026
  • No lock-in restrictions apply to any of the listed securities
  • ICICI Bank has the highest volume addition: 10,83,096 shares (face value ₹2)
  • Varun Beverages adds 2,01,750 shares (face value ₹2)
  • UGRO Capital adds 1,00,500 shares (face value ₹10)

Newly Listed Securities

CompanyISINBSE CodeShares AddedFace Value
AU Small Finance Bank LimitedINE949L010175406111,96,822₹10
Borosil LimitedINE02PY010135432125,500₹1
HDB Financial Services LimitedINE756I0101254442910,440₹10
Hero MotoCorp LimitedINE158A010265001823,161₹2
ICICI Bank Ltd.INE090A0102153217410,83,096₹2
Navin Fluorine International LimitedINE048G0102653250437,385₹2
Oracle Financial Services Software LimitedINE881D0102753246612,381₹5
UGRO Capital LimitedINE583D010115117421,00,500₹10
Varun Beverages LimitedINE200M010395401802,01,750₹2

Regulatory Changes

No new regulatory changes. This is a routine operational notice issued under BSE’s listing obligations framework for companies issuing shares under employee stock option schemes.

Compliance Requirements

  • Trading members must note the new ISIN ranges and scrip codes for each company
  • The distributed share ranges (Dist Nos. From – Dist Nos. To) must be referenced for settlement and depository purposes
  • No additional compliance action required from trading members beyond standard settlement procedures

Important Dates

  • Notice Date: May 6, 2026
  • Trading Effective Date: May 7, 2026 (Thursday)
  • Lock-in Expiry: Not applicable (NA for all securities)

Impact Assessment

Market impact is minimal. ESOP/ESOS listings represent employee exercising stock options and constitute a small incremental addition to the free float of each company. The largest addition is ICICI Bank with ~10.83 lakh shares, which is negligible relative to its total outstanding shares of over 718 crore. These listings are routine and do not signal any significant corporate event. Short-term dilution effect on existing shareholders is immaterial for all 9 companies.

Impact Justification

Routine ESOP/ESOS listing notice covering 9 large and mid-cap companies; share quantities are small relative to outstanding shares and carry no lock-in, resulting in minimal market impact. Medium importance due to breadth of companies covered including major names like ICICI Bank and Hero MotoCorp.