ITC Limited has issued and allotted 1,95,210 ordinary shares under its Employee Stock Option Schemes (ESOP) on December 19, 2025. The allotment was completed following the exercise of 19,521 options by eligible employees, with the committee meeting concluding at 3:10 p.m. on the same day.

Share Allotment Details

Updated Share Capital Structure

Following this allotment, ITC's issued and subscribed share capital has increased significantly. The company's total share capital now stands at ₹1,252.90 crores, divided into 1,252,89,59,771 ordinary shares of ₹1.00 each.

Regulatory Compliance

The share allotment was conducted in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. ITC has formally communicated this development to both the National Stock Exchange of India Limited (NSE) and BSE Limited, ensuring transparency and adherence to regulatory requirements.

ESOP Implementation

The allotment represents the successful implementation of ITC's Employee Stock Option Schemes, which are designed to align employee interests with shareholder value creation. The exercise of options by employees demonstrates confidence in the company's long-term prospects and provides them with equity participation in the organization's growth.

The communication was signed by R.K. Singhi, Executive Vice President and Company Secretary, and sent to the listing departments of both major stock exchanges where ITC shares are traded.

ITC Limited , a diversified conglomerate, has taken a significant step in enhancing employee ownership by issuing and allotting 9,26,900 ordinary shares under its Employee Stock Option Schemes (ESOS). This move, effective November 17, 2025, marks an important development in the company's commitment to aligning employee interests with those of shareholders.

Key Details of the Share Allotment

Impact on Share Capital

The allotment of these shares has led to an increase in ITC's issued and subscribed share capital. Here's how the numbers stack up:

This increase in share capital reflects ITC's growing commitment to employee participation in the company's equity. By offering stock options, ITC aims to foster a sense of ownership among its employees, potentially leading to increased motivation and alignment with the company's long-term goals.

Regulatory Compliance

In line with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ITC promptly informed the relevant stock exchanges - the National Stock Exchange of India Ltd., BSE Ltd., and The Calcutta Stock Exchange Ltd. - about this development. This transparency ensures that all stakeholders, including investors and regulatory bodies, are kept informed of significant changes in the company's share structure.

Conclusion

The allotment of shares under the Employee Stock Option Schemes represents a strategic move by ITC to strengthen its relationship with its workforce. As the company continues to operate across diverse sectors including FMCG, Paperboards & Packaging, Agri-Business, and Information Technology, this initiative may contribute to enhanced employee engagement and potentially drive long-term value creation for all stakeholders.