ITC Allocates 7.35 Lakh Shares Based on Employee Stock Options

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Last Updated: 17th September 2026 - 05:29 pm

ITC Limited has allotted 7,35,050 ordinary shares to employees as a result of exercising their stock options in line with the company’s Employee Stock Option Schemes. 

The shares, having a face value of ₹1, have been allotted on September 17 in connection with the exercise by employees of 73,505 options. 

With this allotment, ITC’s issued and paid-up capital stands at ₹1,253,05,17,081, consisting of 1,253,05,17,081 ordinary shares of ₹1 each. 

The disclosure of this allotment has been made by the company to the National Stock Exchange of India and BSE in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 

This Committee Meeting for allotment ended at 11:10 am on September 17. 

This disclosure was also sent to the Division of Corporate Finance, U.S. Securities Exchange Commission, and Luxembourg Stock Exchange Society. 

The allocation is made following the exercise of options that had already been given to the employees of ITC in line with its employee stock option schemes. The disclosure provided no further information about the employees being allocated shares or the exercise price of options. 

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