ITC Limited, one of India’s leading conglomerates operating in FMCG, Paperboards and Packaging, Agri-Business, and Information Technology sectors, has completed a significant allotment of shares under its Employee Stock Option Schemes ESOP. This move demonstrates ITC’s commitment to employee engagement, corporate governance, and transparent communication with shareholders and regulators.

On 17th September 2025, ITC allotted 4,67,510 Ordinary Shares of ₹ 1/- each upon exercise of 46,751 Options by eligible optionees under the company’s ESOP programs. The allotment was approved by the responsible Committee and concluded at 11.40 am on the same day, reflecting an efficient and timely process aligned with SEBI Listing Obligations and Disclosure Requirements Regulations 2015.

Employee Stock Option Schemes are key initiatives for incentivising employees and aligning their interests with long-term shareholder value. By exercising their ESOP options, employees of ITC are able to acquire equity in the company, thereby enhancing their ownership and participation in the company’s growth journey. Such allotments also signal ITC’s robust corporate governance practices and adherence to regulatory compliance.

Following the allotment, ITC’s Issued and Subscribed Share Capital has increased to 1252,71,30,431 Ordinary Shares of ₹ 1/- each. This increase in share capital reflects both the company’s growing workforce participation through ESOPs and its commitment to transparency and shareholder communication.

The allotment notice has been duly communicated to multiple stock exchanges, including the National Stock Exchange of India, BSE Limited, and the Calcutta Stock Exchange, ensuring that all market participants are informed. This step underscores ITC’s compliance with SEBI regulations and promotes fairness and transparency in the capital markets.

ITC’s ESOP allotments offer multiple benefits to employees and the company alike. For employees, ESOPs provide:

1. A direct stake in the company, encouraging long-term commitment and loyalty.

2. Potential financial growth aligned with the company’s performance in the stock market.

3. Incentives for contribution to the company’s operational and strategic success.

For the company, ESOPs help:

1. Retain and attract top talent across diverse business segments.

2. Align employee performance with long-term corporate objectives.

3. Ensure regulatory compliance and transparent reporting to shareholders and regulators.

In conclusion, ITC Limited’s allotment of 4,67,510 shares under its Employee Stock Option Schemes marks a strategic step in employee participation and corporate growth. The increase in share capital to 1252,71,30,431 Ordinary Shares ensures that the company maintains transparency and compliance with SEBI regulations, while also rewarding its employees for their contribution to the company’s success.

Shareholders and market participants are encouraged to review the official communication and monitor ITC’s disclosures on its website www.itcportal.com for further updates. The allotment exemplifies ITC’s proactive approach to corporate governance, shareholder engagement, and fostering a motivated and committed workforce through ESOP programs.

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