ESOP15 Sept 2026, 05:30 pm
Larsen & Toubro Allots 28,903 Equity Shares Under ESOP
AI Summary
Larsen & Toubro Ltd announced today, September 15, 2026, that its Nomination & Remuneration Committee (NRC) has approved the allotment of 28,903 equity shares. These shares are being issued to employees who exercised their options under the company's Employee Stock Option Schemes. The newly allotted shares will carry the same rights and privileges as existing equity shares, ranking pari-passu in all respects. This action is part of the company's ongoing employee incentive programs.
Key Highlights
- 28,903 equity shares allotted under ESOP schemes.
- Allotment approved by Nomination & Remuneration Committee.
- New shares rank pari-passu with existing equity shares.
- Reinforces employee stock option program.
Price Impact
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