Description
ITC Hotels Limited allotted 2,35,014 equity shares under its Special Purpose Employee Stock Option Scheme with distinctive number ranges and lock-in details.
Summary
ITC Hotels Limited has allotted 2,35,014 equity shares under its Special Purpose Employee Stock Option Scheme. The company has provided distinctive number ranges for these shares along with lock-in status and dates.
Key Points
- Total shares allotted: 2,35,014 equity shares
- Allotment under ITC Hotels Special Purpose Employee Stock Option Scheme
- Shares divided into 11 distinctive number ranges
- Mix of locked-in and non-locked-in shares
- Lock-in periods extending from July 22, 2025 to August 21, 2025
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Company has fulfilled BSE listing requirements for ESOP share allotment
- Provided mandatory distinctive number ranges and lock-in details
- Compliance with employee stock option scheme regulations
Important Dates
- Circular date: July 29, 2025
- Lock-in start date: July 22, 2025
- Lock-in end date: August 21, 2025
Impact Assessment
Minimal market impact as this is a routine ESOP share allotment. The relatively small number of shares (2,35,014) compared to typical market volumes suggests limited trading impact. Lock-in provisions will restrict immediate trading of a portion of these shares.
Impact Justification
Routine ESOP share allotment with limited market impact