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L&T Finance Allots Over 1.3 Million Shares Under ESOP

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L&T Finance Allots Over 1.3 Million Shares Under ESOP

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L&T Finance Ltd ( (IN:LTF) ) just unveiled an announcement.

L&T Finance Limited has announced the allotment of 1,309,789 equity shares following the exercise of employee stock options under its 2013 scheme. This move is part of the company’s ongoing efforts to incentivize and retain talent, with the newly allotted shares set to rank equally with existing shares and eligible for future dividends.

More about L&T Finance Ltd

L&T Finance Limited operates in the financial services industry, offering a range of financial products and services. The company is focused on providing financing solutions and is a part of the larger L&T Group, which is known for its diversified business operations.

Average Trading Volume: 409,949

Technical Sentiment Signal: Buy

Current Market Cap: 649.8B INR

For an in-depth examination of LTF stock, go to TipRanks’ Overview page.

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