L&T Technology Services Ltd Allots 4,250 Equity Shares Under ESOP Scheme
L&T Technology Services Ltd announced the allotment of equity shares to employees who successfully exercised vested stock options. The shares are part of the company's Employee Stock Option Scheme 2016 (ESOP Scheme - 2016).The Nomination and Remuneration Committee of the Board of Directors approved the allotment following a meeting held on April 22, 2026. The committee approved the allotment of 4,250 equity shares to the respective grantees.
The details of the allotment are as follows:
| Metric | Details |
|---|---|
| Shares Allotted | 4,250 equity shares |
| Face Value | Rs. 2/- each |
| Scheme | ESOP Scheme - 2016 |
| Transaction Basis | Vested stock options exercised by grantees |
The allotment was executed by the Nomination and Remuneration Committee of the Board of Directors in terms of a resolution passed during the meeting on April 22, 2026. The newly allotted shares will rank pari-passu with the existing shares of the Company in all respects.
LTTS Stock Price Movement
L&T Technology Services Limited shares today slipped by 2.59% to settle at ₹3550.2. The stock traded on a volume of 97,737 shares, finishing well below yesterday's close of ₹3642.4.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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