ITC Hotels Limited has informed the Exchange regarding Allotment of 500372 Shares.
ITCHOTELS · price
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Awaiting price reaction for this filing.
ITC Hotels Limited allotted 5,00,372 equity shares of ₹1 each on 30th June 2025 to employees who exercised options under the ITC Hotels – Special Purpose Employee Stock Option Scheme. This represents the conversion of 50,037.2 ESOP options into shares. Post-allotment, the company's total issued and subscribed share capital stands increased to ₹2,08,16,71,412, comprising 2,08,16,71,412 equity shares. The allotment was approved by the relevant committee, and the meeting concluded at 2:40 p.m. on the same day.
This is a routine ESOP allotment with negligible dilution (~0.024% increase in share count), so it has no material impact on shareholders or stock price. It reflects normal employee benefit activity.