ITC stock gets 785,300 new shares through employee options
Published on 11/13/2026 at 16:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSITC expands its share capital
- ITC allotted 785,300 ordinary shares after employees exercised 78,530 options.
- The capital increase took effect on November 13, 2026, following the employee stock option schemes.
- The allotment adds to ITC's consumer-goods and hospitality investment profile without changing its operating businesses.
ITC allotted 785,300 ordinary shares on Friday, November 13, 2026, after employees exercised 78,530 options under the company's employee stock option schemes. The Hindu BusinessLine reported the allotment in its November 13 market coverage.
Capital increase takes effect
The allotment followed the exercise of options by optionees and took effect on November 13. ITC's issued and subscribed share capital consequently rose to INR 12,532,697,881, divided into 12,532,697,881 ordinary shares with a face value of INR 1 each.
The transaction expands the number of shares outstanding through an employee incentive scheme. It does not represent a new public fund-raising announcement or a change to ITC's operating structure.
Company remains broadly diversified
ITC operates across fast-moving consumer goods, packaging, paperboards and specialty papers, agriculture and information technology. The company also has a hotels business, while its cigarette operations remain a major part of the group.
ITC's investor-relations page lists the November 13 capital action alongside its recent financial reporting and the proposed amalgamation of wholly owned Sproutlife Foods, the maker of Yoga Bar products. The Sproutlife transaction remains subject to statutory and regulatory approvals.
ITC Limited
- Company: ITC Limited
- ISIN: INE154A01025
- Corporate action: Allotment of 785,300 ordinary shares
- Option exercise: 78,530 employee stock options
- Effective date: November 13, 2026
- Issued and subscribed capital: INR 12,532,697,881
India's broader market context is reflected by the BSE Sensex.
