Shriram Asset Management Company Limited has made a disclosure to BSE Limited regarding the grant of employee stock options. The Nomination and Remuneration Committee of the Board of Directors approved the grant of 66,200 stock options under the company's Employees Stock Option Plan, 2022, during a meeting held on August 5, 2026, which commenced at 5:30 PM and concluded at 6:30 PM.
The disclosure is made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and references SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Key Details of ESOP Grant:
- Number of Options Granted: 66,200 stock options to eligible employees
- Share Conversion: Each option entitles the holder to one equity share of face value ₹10 each
- Regulatory Compliance: The scheme complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
- Total Shares Covered: 66,200 equity shares of ₹10 each
- Exercise Price: ₹303 per share per option upon exercise
- Vesting Schedule: Options vest across 3 years from the Date of Grant in a 30:30:40 ratio
- Exercise Period: 10 years from the date of vesting for each option
Additional Information:
- Options exercised: Not applicable (no exercises occurred with this grant)
- Money realized by exercise of options: Not applicable
- Total shares arising from exercise: Not applicable
- Options lapsed: Not applicable
- Variation of terms of options: Not applicable
- Subsequent changes/cancellation/exercise: Not applicable
- Diluted earnings per share impact: Not applicable
The disclosure was signed by Vinita Kapoor, Company Secretary & Lead - Legal, on August 5, 2026, at 20:04:39 IST.