L&T Technology Services Limited has informed the Exchange regarding Allotment of 93975 Shares.
LTTS · price
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Awaiting price reaction for this filing.
L&T Technology Services allotted 93,975 equity shares of face value Rs. 2 each on May 31, 2025. These shares were issued to employees who exercised their vested stock options under the company's Employee Stock Option Scheme, 2016. The newly allotted shares will rank equally with existing shares in all respects. This is a routine ESOP allotment and reflects employee participation in the company's stock option plan.
Minor dilution for existing shareholders due to the small share issuance, but no material impact on stock price. The allotment signals active employee engagement through the ESOP programme.