Larsen & Toubro Limited has informed the Exchange regarding allotment of 44184 securities pursuant to ESOP/ESPS at its meeting held on September 13, 2025
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Larsen & Toubro Limited has allotted 44,184 equity shares to employees pursuant to its Employee Stock Option Plan (ESOP) / Employee Stock Purchase Scheme (ESPS). The allotment was approved at a board meeting held on September 13, 2025. This is a routine corporate action where employees exercise their stock options granted earlier. The number of shares allotted is very small relative to L&T's overall share capital, so the dilution impact is negligible. No pricing details or beneficiary list have been disclosed in this filing.
Minor dilutionary impact on existing shareholders due to fresh share issuance; this is a routine employee compensation action and is unlikely to materially affect the stock price.