ESOP28 Jul 2026, 01:30 pm
Larsen & Toubro Allots 1,36,908 Equity Shares Under ESOP
AI Summary
Larsen & Toubro Ltd announced the allotment of 1,36,908 equity shares to employees who exercised their options under the company's Employee Stock Option Schemes. The Nomination & Remuneration Committee (NRC) of the Board approved this allotment. These new shares will have the same rights as existing equity shares. The NRC meeting took place between 12:30 p.m. and 1:15 p.m. today.
Key Highlights
- 1,36,908 equity shares allotted under ESOP schemes.
- Allotment approved by the Nomination & Remuneration Committee.
- New shares rank pari-passu with existing equity shares.
- This relates to employee stock option schemes.
Price Impact
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