L&T Finance Limited has informed the Exchange regarding Allotment of 330048 Shares.
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L&T Finance Limited has allotted 3,30,048 equity shares to employees who exercised their stock options under the L&TFL Employee Stock Option Scheme – 2013. The allotment was approved by the ESOP Allotment Committee on June 28, 2025, via a circular resolution. The newly issued shares will rank equally with existing equity shares and will be eligible for any future dividends declared by the company. This is a routine employee benefit event that results in a small increase in the total share count.
This is a minor equity dilution event from the exercise of employee stock options. The impact on existing shareholders is negligible as the number of shares allotted is very small relative to the company's overall share base. No significant effect on stock price is expected.