Intimation attached for allotment of 66,200 equity shares under ESOP Scheme of the Company
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
L&T Technology Services has allotted 66,200 equity shares of face value Rs. 2/- each to employees who exercised their vested stock options under the company's ESOP Scheme 2016. The allotment was approved by the Nomination & Remuneration Committee via circulation on May 15, 2026. The newly allotted shares will rank equally with existing shares in all respects. This is a routine disclosure under SEBI listing regulations for employee stock option exercises.
Minor positive for existing shareholders as ESOP dilution is limited (66,200 shares relative to large outstanding equity base). No significant impact on stock price expected from this routine employee compensation event.