Description

ITC Hotels Limited has allotted 2,35,014 equity shares under its Special Purpose Employee Stock Option Scheme with specific lock-in periods.

Summary

ITC Hotels Limited has allotted 2,35,014 equity shares under its Special Purpose Employee Stock Option Scheme. The shares have been allocated across 11 different ranges with varying lock-in periods, with some shares having no lock-in and others locked until August 21, 2025.

Key Points

  • Total shares allotted: 2,35,014 equity shares
  • Allotment under ITC Hotels Special Purpose Employee Stock Option Scheme
  • Distinctive number ranges from 2082150529 to 2082385542
  • Mixed lock-in status across different share ranges
  • Some shares have immediate trading eligibility while others are locked

Regulatory Changes

No regulatory changes introduced. This is a standard ESOP share allotment notification.

Compliance Requirements

  • BSE listing compliance for newly allotted ESOP shares
  • Lock-in period adherence as specified in the distinctive number ranges
  • Proper disclosure of share allotment details to the exchange

Important Dates

  • July 22, 2025: Lock-in start date for certain share ranges
  • August 21, 2025: Lock-in end date for locked shares
  • July 29, 2025: Date of circular submission to BSE

Impact Assessment

Minimal market impact as this represents routine ESOP share allotment. The locked shares will not immediately affect trading volumes. The allotment represents employee compensation and is part of normal corporate operations for ITC Hotels Limited.

Impact Justification

Routine ESOP share allotment with minimal market impact