ITC Limited — Others, 25-02-2025: ESOP/ESOS/ESPS

ITC Limited has announced a board meeting for the allotment of 9,76,280 Ordinary Shares at ₹ 1 each, following the exercise of 97,628 Options under its Employee Stock Option Schemes. This increase raises the company's Issued and Subscribed Share Capital to ₹ 1251.34 crore, now comprising 1251.34 crore Ordinary Shares.

This move may enhance employee engagement and retention, potentially bolstering productivity. Investors might view this positively, reflecting the company's commitment to incentivizing talent, leading to a favorable outlook on its long-term performance and operational growth.