Allotment of 1,16,521 equity shares on exercise of fresh stock options under SFL ESOS (No. 1)
Awaiting price reaction for this filing.
Shriram Finance's ESOP Allotment Committee, at a meeting on June 18, 2025, approved the allotment of 1,16,521 fresh equity shares (face value Rs.2) to 130 employees who exercised stock options under the SFL ESOS 2023 (No.1) scheme. The exercise price was Rs.38.71 per share, with a premium of Rs.36.71 over face value. As a result, the paid-up share capital rose from Rs.376.10 crore to Rs.376.13 crore, bringing total issued shares to 1,88,06,43,224. The newly issued shares rank pari-passu with existing equity shares, and there is no lock-in on these shares.
This is a routine, small ESOP allotment causing negligible dilution (less than 0.01% increase in share count). No meaningful effect on stock price or shareholder value is expected.