ITC Limited has informed the Exchange regarding Allotment of 4539620 Shares.
ITC · price
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On 11th July 2025, ITC Limited allotted 45,39,620 ordinary shares of ₹1 each to employees who exercised their stock options under the company's ESOP schemes. A total of 4,53,962 options were exercised, with each option converting into 10 equity shares. Following this allotment, ITC's issued and subscribed share capital has risen to ₹1,252,20,81,761, divided into 1,252,20,81,761 ordinary shares of ₹1 each. This is a routine disclosure required under SEBI listing regulations whenever shares are issued under ESOPs.
Minor equity dilution for existing shareholders, though the impact is negligible given ITC's large share base. The allotment is a positive signal that employees are exercising their options, reflecting confidence in the company's prospects.