Larsen & Toubro Ltd. recorded a notable block trade on the National Stock Exchange (NSE), highlighting significant institutional trading activity in the engineering and construction major's shares.

Block Trade Details

The transaction involved substantial volume and value, indicating major institutional participation in the stock.

Market Significance

Block trades typically represent large institutional transactions executed outside the regular market to minimize price impact. Such transactions often involve mutual funds, insurance companies, foreign institutional investors, or other large market participants looking to buy or sell substantial quantities of shares.

The execution price of Rs. 3,808.00 per share reflects the market valuation at the time of the transaction. The substantial volume of 62,744 shares indicates significant institutional interest in Larsen & Toubro's stock, whether from buyers seeking to build positions or sellers looking to reduce holdings.

Transaction Overview

This block trade represents a meaningful transaction in Larsen & Toubro's stock, with the Rs. 23.89 crore value demonstrating the scale of institutional activity. Such transactions are typically pre-negotiated between parties and executed through special trading sessions to ensure efficient price discovery while managing market impact.

Larsen & Toubro Limited has completed the allotment of 30,657 equity shares to employees under its Employee Stock Option Schemes (ESOP). The company's Nomination & Remuneration Committee (NRC) approved the share allotment for grantees who had exercised their stock options under the company's employee benefit programs.

Share Allotment Details

The allotment encompasses exactly 30,657 equity shares distributed to eligible employees who exercised their options under Larsen & Toubro's Employee Stock Option Schemes. These newly issued shares will rank pari-passu with the existing equity shares of the company, ensuring equal rights and privileges across all shareholdings.

Committee Meeting Proceedings

The Nomination & Remuneration Committee convened on January 28, 2026, to deliberate and approve the share allotment. The meeting commenced at 9:00 a.m. and concluded at 9:30 a.m., spanning a duration of 30 minutes. The committee's approval enables the immediate implementation of the share allotment process.

Regulatory Compliance

Larsen & Toubro has communicated this development to both major stock exchanges where its shares are listed. The company notified BSE Limited (Stock Code: 500510) and National Stock Exchange of India Limited (Stock Code: LT) about the share allotment in compliance with regulatory requirements under Regulation 30.

The share allotment represents the company's ongoing commitment to its employee benefit programs and demonstrates the active participation of employees in the organization's equity participation schemes. The newly allotted shares strengthen the alignment between employee interests and company performance through direct equity ownership.