L&T Finance Limited has informed the Exchange regarding Allotment of 349250 Equity Shares.
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L&T Finance Limited has allotted 3,49,250 (Three Lakh Forty-Nine Thousand Two Hundred and Fifty) 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 January 3, 2026, via a resolution passed by circulation at 4:09 P.M. These newly issued shares will carry the same rights as existing equity shares, including entitlement to any future dividends declared by the company.
This is a routine ESOP allotment and has no material impact on existing shareholders. The dilution from 3.49 lakh shares is negligible relative to the company's overall share base, so shareholders' proportionate ownership is barely affected.