L&T Technology Services Limited said that it has allotted nearly 2.6 lakh equity shares today of a face value of INR 2 to those grantees who had exercised their vested stock options under the firm’s Employee Stock Option Scheme, 2016.
The shares will rank pari- passu with the existing share of the firm in all respects.
L&T Technology Services, which is based in Vadodara, Gujarat, is an engineering services company. It is a subsidiary of Indian conglomerate Larsen & Toubro.
Recently, Larsen & Toubro entered into the area of virtual learning through the launch of L&T EduTech, a technology-driven, industry-led, application-based educational platform.
L&T Technology Services allots nearly 2.6 lakh shares to employees added by Pallavi Madhiraju on
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