ITC Limited Allots 2.39 Lakh Shares Under Employee Stock Option Scheme

ITC Limited has completed the allotment of shares under its Employee Stock Option Schemes, issuing 2,38,850 ordinary shares following the exercise of employee stock options on March 18, 2026. The allotment represents the conversion of 23,885 stock options into equity shares by eligible employees.

Share Allotment Details

The company's committee meeting, which approved the share allotment, concluded at 3:15 PM on March 18, 2026. The allotment was conducted in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Parameter:	Details
Shares Allotted:	2,38,850 ordinary shares
Face Value:	₹1 per share
Options Exercised:	23,885 options
Allotment Date:	March 18, 2026
Committee Meeting End Time:	3:15 PM

Impact on Share Capital

Following the allotment, ITC's share capital structure has been updated with immediate effect from March 18, 2026. The company's issued and subscribed share capital has increased substantially.

Capital Structure:	Post-Allotment
Total Share Capital:	₹1,252,94,68,231
Total Outstanding Shares:	1,252,94,68,231 ordinary shares
Face Value per Share:	₹1 each

Regulatory Compliance

The share allotment was executed under the framework of the company's established Employee Stock Option Schemes. ITC has notified the relevant stock exchanges, including the National Stock Exchange of India Limited and BSE Limited, about the allotment as required under listing regulations. The company has also informed international regulatory bodies including the Securities Exchange Commission in the United States and Societe de la Bourse de Luxembourg.

The allotment reflects the ongoing participation of employees in the company's equity through the stock option schemes, allowing eligible optionees to convert their vested options into equity shares of the company.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.39%	-0.96%	-6.62%	-27.80%	-27.98%	+40.68%

ITC Ltd. recorded a substantial block trade on the National Stock Exchange (NSE), with approximately 2,859,363 shares changing hands in a single transaction. The deal, valued at Rs. 92.96 crores, was executed at Rs. 325.10 per share, highlighting significant institutional trading activity in the stock.

Block Trade Details

The transaction represents a notable movement in ITC shares, with the following key parameters:

Parameter:	Details
Total Shares:	2,859,363
Transaction Value:	Rs. 92.96 crores
Price Per Share:	Rs. 325.10
Exchange:	NSE

Market Significance

Block trades are typically executed when large institutional investors, mutual funds, or other significant market participants need to buy or sell substantial quantities of shares. These transactions are conducted outside the regular market to avoid impacting the stock's market price through large volume trades.

The execution of this block trade at Rs. 325.10 per share indicates the price level at which institutional participants were willing to transact in ITC shares. Such transactions often reflect portfolio rebalancing activities, strategic investments, or divestments by large investors.

Trading Activity

The substantial value of Rs. 92.96 crores involved in this single transaction underscores the scale of institutional interest in ITC shares. Block trades of this magnitude typically involve sophisticated investors and can provide insights into institutional sentiment toward the stock.

This trading activity demonstrates the continued institutional participation in ITC, one of India's prominent consumer goods and cigarette manufacturing companies, reflecting ongoing investor interest in the stock despite various market conditions.