Shriram Finance expands equity base with employee stock option allotment
Shriram Finance Limited announced the allotment of 91,370 equity shares, each with a face value of INR 2, to 125 employees who exercised Fresh Stock Options under the SFL ESOS 2023 (No.1) scheme. The ESOP Allotment Committee approved the allotment on September 10, 2025.
Following this allotment, the company's paid-up share capital has increased from INR 3,76,18,33,026 to INR 3,76,20,15,766. The shares were issued at an exercise price of INR 38.71 per share, including a premium of INR 36.71.
The new shares are fully paid-up and rank pari-passu with existing equity shares. The total number of issued shares after this allotment stands at 1,88,10,07,883. These details were disclosed in accordance with SEBI Regulations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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