ITC Limited has informed the Exchange regarding Allotment of 1741650 Shares.
ITC · price
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Awaiting price reaction for this filing.
ITC Limited allotted 17,41,650 ordinary shares of ₹1 each on 31st July 2025, pursuant to the exercise of 1,74,165 stock options by employees under the company's ESOP schemes. As a result, ITC's total issued and subscribed share capital has risen to ₹1,252,53,73,091, comprising 1,25,253,73,091 ordinary shares of ₹1 each. This is a routine disclosure filed under SEBI's listing regulations to inform the exchanges about the increase in share capital. The allotment committee meeting concluded at 3:40 p.m. on the same day.
This is a minor, routine ESOP-driven share issuance that causes a negligible (~0.014%) dilution for existing shareholders. No material impact on stock price is expected, though it reflects ongoing employee participation in ITC's stock option plans.