Description
BSE lists additional securities issued by 13 companies under Employee Stock Option Plans (ESOP/ESOS), effective for trading from May 14, 2026. Total shares across all companies exceed 2.9 million.
Summary
BSE has notified trading members that further new securities issued by 13 companies under Employee Stock Option Plans (ESOP/ESOS) are listed and admitted for trading on the Exchange effective Thursday, May 14, 2026. None of the newly listed shares carry any lock-in restrictions.
Key Points
- 13 companies have listed additional shares arising from ESOP/ESOS exercises
- All newly listed securities are effective for trading from May 14, 2026
- No lock-in period applies to any of the listed securities
- Total new shares span across large-cap (ICICI Bank, Tech Mahindra) and mid/small-cap companies
- ICICI Bank has the largest single allotment at 887,886 shares; Shadowfax Technologies follows with 622,743 shares
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 actions required from trading members or market participants beyond taking note of the new securities admitted for trading.
Important Dates
- Notice Date: May 13, 2026
- Trading Effective Date: May 14, 2026 (Thursday)
Impact Assessment
| Sr. | Company | Scrip Code | ISIN | Shares | Face Value |
|---|---|---|---|---|---|
| 1 | Alicon Castalloy Limited | 531147 | INE062D01024 | 75,000 | ₹5 |
| 2 | Delhivery Limited | 543529 | INE148O01028 | 23,166 | ₹1 |
| 3 | Epack Prefab Technologies Limited | 544540 | INE0MLS01022 | 163,294 | ₹2 |
| 4 | Equitas Small Finance Bank Limited | 543243 | INE063P01018 | 287,860 | ₹10 |
| 5 | Fujiyama Power Systems Limited | 544613 | INE12UR01024 | 490,828 | ₹1 |
| 6 | Gokaldas Exports Limited | 532630 | INE887G01027 | 23,000 | ₹5 |
| 7 | Greaves Cotton Limited | 501455 | INE224A01026 | 45,173 | ₹2 |
| 8 | ICICI Bank Limited | 532174 | INE090A01021 | 887,886 | ₹2 |
| 9 | NIIT Learning Systems Limited | 543952 | INE342G01023 | 8,336 | ₹2 |
| 10 | Nippon Life India Asset Management Limited | 540767 | INE298J01013 | 173,481 | ₹10 |
| 11 | Ravindra Energy Limited | 504341 | INE206N01018 | 70,000 | ₹10 |
| 12 | Shadowfax Technologies Limited | 544685 | INE12UN01015 | 622,743 | ₹10 |
| 13 | Tech Mahindra Limited | 532755 | INE669C01036 | 112,907 | ₹5 |
The incremental share supply from these ESOP exercises is generally small relative to existing market capitalizations, resulting in minimal dilution impact for most companies. ICICI Bank and Tech Mahindra, being large-cap stocks, will see negligible percentage dilution. The listing signals ongoing employee retention programs across sectors including banking, logistics, technology, and manufacturing.
Impact Justification
Routine ESOP/ESOS listing notice affecting 13 companies with no lock-in period. No regulatory changes or compliance requirements imposed on market participants. Impact is limited to incremental share supply from employee stock exercises.