Description
BSE lists new securities from 9 companies issued under Employee Stock Option Plans (ESOP/ESOS), effective for trading from May 20, 2026.
Summary
BSE has notified trading members that further securities issued by 9 companies under their Employee Stock Option Plans (ESOP/ESOS) have been listed and admitted for trading on the Exchange with effect from Wednesday, May 20, 2026. The total new shares span companies across sectors including electric vehicles, microfinance, pharma, e-commerce, chemicals, telecom services, infrastructure, agro, and retail. None of the newly listed securities carry any lock-in restrictions.
Key Points
- 9 companies have listed additional shares arising from ESOP/ESOS exercises, effective May 20, 2026
- No lock-in period applies to any of the newly listed securities
- Largest tranche by volume: Vishal Mega Mart Limited with 2,672,000 new shares (face value ₹10)
- Second largest: Ather Energy Limited with 309,372 new shares (face value ₹1)
- FSN E-Commerce Ventures (Nykaa) adds 125,500 shares; GHCL Limited adds 196,500 shares
- Smallest tranche: Piccadily Agro Industries Limited with only 636 new shares
Regulatory Changes
No regulatory changes. This is a standard operational notice informing trading members of newly listed ESOP/ESOS securities.
Compliance Requirements
Trading members and all market participants are required to take note of the newly listed securities and their respective ISIN and scrip codes for trading purposes from May 20, 2026 onwards.
Important Dates
- Notice Date: May 19, 2026
- Effective Trading Date: Wednesday, May 20, 2026
Impact Assessment
| Company | ISIN | Scrip Code | New Shares | Face Value (₹) | Share Range | Lock-in |
|---|---|---|---|---|---|---|
| Ather Energy Limited | INE0LEZ01016 | 544397 | 309,372 | 1 | 382673165–382982536 | None |
| CreditAccess Grameen Limited | INE741K01010 | 541770 | 19,956 | 10 | 160202832–160222787 | None |
| Eris Lifesciences Limited | INE406M01024 | 540596 | 24,369 | 1 | 140282018–140306386 | None |
| FSN E-Commerce Ventures Limited (Nykaa) | INE388Y01029 | 543384 | 125,500 | 1 | 2863382357–2863507856 | None |
| GHCL Limited | INE539A01019 | 500171 | 196,500 | 10 | 102428087–102624586 | None |
| Just Dial Limited | INE599M01018 | 535648 | 4,375 | 10 | 94659327–94663701 | None |
| Larsen & Toubro Limited | INE018A01030 | 500510 | 61,007 | 2 | 1406918172–1406979178 | None |
| Piccadily Agro Industries Limited | INE546C01010 | 530305 | 636 | 10 | 99215309–99215944 | None |
| Vishal Mega Mart Limited | INE01EA01019 | 544307 | 2,672,000 | 10 | 4673227807–4675899806 | None |
The market impact of these listings is minimal as ESOP/ESOS tranches represent small proportions of total outstanding shares. The absence of lock-in means these shares are immediately tradeable, but dilution effect on existing shareholders is negligible given the tranche sizes relative to total share capital of these companies.
Impact Justification
Routine ESOP/ESOS listing notice with no lock-in restrictions; affects small tranches of shares relative to total outstanding capital across 9 companies. No regulatory changes or compliance obligations for market participants beyond awareness.