Announced Tue, 24 Mar · 11:19 IST
Larsen & Toubro Limited has informed the Exchange regarding Allotment of 20661 Shares.
Capital Market Events View source PDF
LT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+9.5%1-day move
₹3341.90
prior close
₹3419.70
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.1+0.1+0.4+9.5+6.8+4.9+8.4+8.0+11.4+20.9+20.1+20.7+25.2
Up moveDown movePending
AI summary
Larsen & Toubro has allotted 20,661 equity shares to employees who exercised their stock options under the company's ESOP schemes. The allotment was approved by the Nomination & Remuneration Committee on March 24, 2026. The newly issued shares will rank equally with existing equity shares of the company. The NRC meeting was held from 10:30 a.m. to 11:00 a.m. on the same day.
Likely market impact
This is a routine ESOP allotment with a very small number of shares relative to L&T's total share base, so it is unlikely to have any meaningful impact on the stock price or shareholder value. It reflects normal employee compensation activity.