L&T Technology Services Limited has informed the Exchange regarding Allotment of 66200 Shares.
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L&T Technology Services has allotted 66,200 equity shares of Rs. 2 face value each to employees who exercised their vested stock options under the Employee Stock Option Scheme 2016. The allotment was approved by the Nomination & Remuneration Committee via circulation resolution on May 15, 2026. The newly allotted shares will rank equally with existing shares in all respects. This is a routine ESOP exercise and represents a small number of shares being issued to option holders.
Minor share dilution of approximately 0.03-0.06% for existing shareholders. The impact on stock price is negligible as this is a routine employee compensation event and the number of shares is small relative to total outstanding shares.