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Larsen & Toubro (L&T) has allotted 1.52 lakh new equity shares to employees who exercised their stock options. This move slightly expands the company's outstanding share base. While the exercise price isn't disclosed, it typically involves a cash infusion from employees. This allotment reflects employee confidence and participation in L&T's long-term vision. Critically, there's no change in promoter shareholding from this specific action, ensuring current ownership structure stability. This is a routine capital management activity. #LT #ESOP #ShareAllotment