LTM Limited Allots 1,28,000 Equity Shares Under Employee Stock Option Plans
LTM Limited announced the allotment of 1,28,000 equity shares under its employee stock option schemes, approved by the Nomination & Remuneration Committee on April 23, 2026. The shares will be held by LTIMindtree Employee Welfare Trust and transferred to eligible employees upon option exercise, with all shares ranking pari-passu with existing equity shares.
*this image is generated using AI for illustrative purposes only.
LTM Limited has announced the allotment of 1,28,000 equity shares under its employee stock option schemes, as approved by the company's Nomination & Remuneration Committee on April 23, 2026. The decision reflects the company's commitment to employee participation in its growth through equity-based compensation, as communicated to the National Stock Exchange of India Limited and BSE Limited.
Share Allotment Details
The committee approved the allotment of equity shares with specific parameters designed to benefit eligible employees:
| Parameter: | Details |
|---|---|
| Number of Shares: | 1,28,000 equity shares |
| Face Value: | Re.1/- each |
| Recipient: | LTIMindtree Employee Welfare Trust |
| Meeting Duration: | 1:30 p.m. to 2:15 p.m. |
ESOP Scheme Framework
The equity shares were allotted under two distinct employee stock option schemes operated by the company:
- LTM Employees Stock Option Plan 2021
- LTM Employee Stock Option Scheme 2015
Both schemes were previously known by different names before the company's rebranding from LTIMindtree Limited to LTM Limited. The scheme names were updated to reflect this corporate name change, as approved by the Nomination & Remuneration Committee.
Share Transfer Mechanism
The allotted equity shares will be held by the LTIMindtree Employee Welfare Trust and subsequently transferred to eligible employees upon exercise of their stock options. This structure ensures proper administration of the employee stock option schemes while maintaining regulatory compliance.
Share Rights and Status
All equity shares allotted under these schemes will rank pari-passu with the existing equity shares of the company in all respects. This means the new shares will carry identical rights, privileges, and obligations as the company's current equity shares, ensuring equal treatment for all shareholders. The company has formally communicated this development to both stock exchanges where it is listed.
Historical Stock Returns for LTM
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.50% | -9.47% | +4.30% | -23.76% | -5.61% | +9.77% |
How will this ESOP allotment impact LTM Limited's employee retention rates in the competitive IT services market?
What percentage of LTM's total outstanding shares do these 1,28,000 equity shares represent, and how might this affect earnings per share?
Will LTM Limited expand its ESOP allocation in future quarters to attract talent amid the ongoing tech industry hiring challenges?
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
