Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest announcement is out from LTIMindtree Limited ( (IN:LTIM) ).
LTIMindtree Limited has approved the allotment of 4,076 equity shares of face value Re.1 each to the LTIMindtree Employee Welfare Trust under its 2021 employee stock option plan, following a resolution passed by the Nomination & Remuneration Committee on January 31, 2026. These shares, which will rank pari passu with existing equity, are intended to be transferred to eligible employees upon exercise of their options, underscoring the company’s continued use of equity-based compensation to align employee interests with shareholder value and support long-term talent retention.
More about LTIMindtree Limited
LTIMindtree Limited, a subsidiary of Larsen & Toubro Limited, operates in the IT services and consulting industry, providing technology solutions and digital transformation services to global clients from its corporate base in Mumbai, India.
Average Trading Volume: 10,385
Technical Sentiment Signal: Strong Buy
Current Market Cap: 1783.1B INR
See more data about LTIM stock on TipRanks’ Stock Analysis page.