Key Quantitative Details
- Number of shares allotted: 41,758 equity shares of face value ₹2 each
- Number of employees: 70 employees
- Exercise price per share: ₹38.71
- Premium per share: ₹36.71
- Pre-allotment paid-up capital: ₹470,60,90,068
- Post-allotment paid-up capital: ₹470,61,73,584
- Total issued shares after allotment: 235,30,86,792 shares
- Distinctive numbers: 2353045035 to 2353086792 (both inclusive)
Dates and Timeline
- Allotment Committee meeting date: October 8, 2026
- Date of issue of shares: October 8, 2026
- Previous disclosure dates: April 27, 2023 and July 25, 2023
- Original scheme filing with exchanges: March 24, 2023
- Filing numbers: DCS/IPO/TL/ESOP-IP/2715/2023-24 (April 6, 2023) and NSE/LIST/34990 (April 6, 2023)
Parties Involved
- Stock Exchanges: BSE Limited (Scrip Code: 511218) and National Stock Exchange of India Limited (NSE Symbol: SHRIRAMFIN)
- Approving authority: ESOP Allotment Committee
Capital Structure Impact
The allotment has increased the company's paid-up share capital by ₹83,516 (from ₹470,60,90,068 to ₹470,61,73,584). The new shares will rank pari-passu with existing shares in all respects.
Additional Details
- Scheme title: Shriram Finance Limited Employee Stock Option Scheme 2023 (No.1)
- Lock-in details: Not applicable
- Listing fees: Not applicable
- Share certificate number: Not applicable (issued in demat form)