Shriram Properties allots equity shares under ESOP 2013

Shriram Properties Limited has approved and allotted 301,485 fully paid-up equity shares, each with a face value of ₹10, under its Employees Stock Option Plan (ESOP 2013). This allotment follows the exercise of options granted under the plan to eligible employees. The total issued shares after this allotment stand at 170,654,392, increasing the total issued share capital to ₹1,706,543,920. The shares were issued on September 18, 2025.

The newly allotted equity shares will rank pari-passu with existing equity shares of the company. The scheme, which is in compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, involved options granted over a total of 2,743,738 shares. The money realized from the exercise of these options amounted to ₹3,014,850.

All options granted under the plan vested not earlier than one year from the grant date and not later than four years from the grant date. The company confirmed that no lock-in applies to these shares.