ITC Allots 2.69 Lakh Shares to Employees Under Stock Option Schemes
Kolkata, January 16, 2026 – Diversified conglomerate ITC Limited has allotted 2,69,610 ordinary shares to its employees pursuant to the exercise of stock options granted under its Employee Stock Option Schemes (ESOPs).
Key Details of the Allotment:
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Date of Allotment: January 16, 2026
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Number of Shares Allotted: 2,69,610 Ordinary Shares of face value ₹1 each.
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Options Exercised: 26,961 Options were exercised by the employees ("Optionees") to receive the shares.
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Allotment Authority: The allotment was approved by the Company's designated committee, with the meeting concluding at 3:40 PM on the same day.
Impact on Share Capital:
Following this allotment, ITC's Issued and Subscribed Share Capital has increased. It now stands at ₹1,252.92 crore, divided into 1,252.92 crore ordinary shares of ₹1 each, effective from January 16, 2026.
Regulatory Compliance:
The company has formally intimated the National Stock Exchange of India Limited (NSE) and BSE Limited about this corporate action, in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Copies of the intimation have also been sent to the U.S. Securities and Exchange Commission (SEC) and the Luxembourg Stock Exchange, reflecting ITC's international listings.
About ITC's ESOPs:
Employee Stock Option Schemes are a common tool used by companies to attract, retain, and reward talent by aligning their interests with those of the shareholders. The allotment is a routine exercise that follows the vesting and exercise of options by eligible employees as per the terms of ITC's ESOP schemes.