LTM Limited has informed the Exchange about allotment of equity shares under ESOP schemes.
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LTM Limited has announced the allotment of 1,28,000 equity shares of face value Re.1/- each to the LTIMindtree Employee Welfare Trust. The shares are being allotted under two ESOP schemes: the LTM Employees Stock Option Plan 2021 and the LTM Employee Stock Option Scheme 2015. The equity shares will be transferred to eligible employees upon exercise of their options. All allotted shares will rank pari-passu with existing equity shares. The decision was approved by the Nomination and Remuneration Committee at its meeting held on April 23, 2026.
This is a routine corporate action related to employee stock ownership. The allotment increases the company's equity base marginally and does not have any immediate impact on the stock price or shareholder value.