Shriram Finance Limited has made a regulatory disclosure regarding the allotment of equity shares pursuant to the exercise of employee stock options.
Key Transaction Details
The ESOP Allotment Committee approved the allotment of 55,465 equity shares of face value ₹2 each (fully paid-up) to 72 employees of the company. The shares were allotted on November 13, 2026, under the Shriram Finance Limited Employee Stock Option Scheme 2023 (No.1).
Financial Parameters
- Exercise price per share: ₹38.71
- Premium per share: ₹36.71
- Total shares issued: 55,465
- Distinctive numbers: 2353086793 to 2353142257 (both inclusive)
Capital Structure Impact
The paid-up share capital of the company increased from ₹470,61,73,584 to ₹470,62,84,514 as a result of this allotment. The total number of issued shares after this allotment is 235,31,42,257.
Additional Details
- The shares rank pari-passu with existing shares
- No lock-in period applies to these shares
- No share certificate numbers are applicable (issued in demat form)
- No listing fees are payable
- The scheme was originally filed with stock exchanges on March 24, 2023 (BSE Limited and National Stock Exchange of India Limited)
- Filing references: DCS/IPO/TL/ESOP-IP/2715/2023-24 (April 06, 2023) and NSE/LIST/34990 (April 06, 2023)