Announced Mon, 16 Mar · 17:11 IST

L&T Technology Services Limited has informed the Exchange regarding Allotment of 2,025 Shares.

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Price reaction · full curve 14 horizons · vs prior close
+2.3%1-day move
₹3299.00
prior close
₹3320.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-1.0-0.9-0.8+2.3+0.1-2.3-6.5-4.2-3.0+4.1+6.1+8.2+4.7
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AI summary

L&T Technology Services has allotted 2,025 equity shares with a face value of 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 a circulation resolution passed on March 16, 2026. The newly issued shares will rank equally with existing shares in all respects. This is a routine disclosure under SEBI Listing Regulations, 2015.

Likely market impact

This is a minor, routine ESOP allotment with negligible dilution impact given the small size (2,025 shares) relative to the company's total share base. No material effect expected on stock price or shareholder value.