ITC Hotels Limited has informed the Exchange regarding Allotment of Shares under ITC Hotels - Special Purpose Employee Stock Option Scheme.
ITCHOTELS · price
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Awaiting price reaction for this filing.
On 12th July 2025, ITC Hotels allotted 4,79,116 equity shares of ₹1 each to employees who exercised their stock options under the company's Special Purpose Employee Stock Option Scheme. These shares were issued upon exercise of 47,911.6 options. Following this allotment, the company's total issued and subscribed share capital increased to ₹2,08,21,50,528 divided into 2,08,21,50,528 equity shares of ₹1 each. The committee meeting for this allotment concluded at 3:35 p.m. on the same day.
This is a routine ESOP allotment resulting in very minor dilution (less than 0.025% of total share capital). No material impact on stock price or shareholder value is expected — it simply reflects employees converting their stock options into actual shares as part of their compensation.