Announced Tue, 17 Mar · 12:24 IST

Please find attached intimation under Regulation 30 of SEBI LODR Regulations with respect to allotment of Equity Shares pursuant to exercise of stock options under "Shriram Asset Management ....

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Price reaction · full curve 14 horizons · vs prior close
+2.8%1-day move
₹284.00
prior close
₹285.25
base price
In-mkt
timing
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+3.0+3.4+4.8+3.8+2.8+1.7+6.3-3.2-6.7-0.7+11.6+16.2+5.7+2.1
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AI summary

Shriram Asset Management Company has allotted 52,312 equity shares of ₹10 face value to 6 employees who exercised their stock options under the ESOP 2022 plan. The exercise price was ₹200 per share for 9,170 shares and ₹37.29 per share for the remaining 43,142 shares. Following this allotment, the company's paid-up share capital has increased from ₹16,92,83,840 to ₹16,98,06,960. The newly issued shares will rank pari-passu with existing equity shares and are listed on BSE (Scrip Code: 531359). The allotment was approved by the ESOP Allotment Committee on March 17, 2026 through a circular resolution.

Likely market impact

This is a routine ESOP exercise with a minor dilution of about 0.31% to existing shareholders. No significant impact on share price is expected as the number of shares issued is small relative to the total share base of approximately 1.69 crore shares.