ESOP27 Oct 2026, 01:29 pm
Larsen & Toubro Allots 21,098 Equity Shares Under ESOP
AI Summary
Larsen & Toubro Ltd announced the allotment of 21,098 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 rank pari-passu with the existing equity shares of the company. The NRC meeting was held today and concluded within an hour.
Key Highlights
- 21,098 equity shares allotted under ESOP.
- Allotment approved by Nomination & Remuneration Committee.
- New shares rank pari-passu with existing equity.
- ESOP exercise by employees.
Price Impact
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