L&T Finance Limited has informed the Exchange regarding Allotment of 919920 Shares.
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L&T Finance Limited has allotted 9,19,920 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 August 29, 2025. The newly issued shares will rank equally with existing shares and be eligible for any future dividends. This is a routine employee stock option exercise with no fresh capital raised from the market.
Minor dilution for existing shareholders due to the new share issuance, but the impact is negligible given the small size relative to the company's total share base. No material effect on stock price expected.