Please find attached the details with respect to stock options granted by Nomination and Remuneration Committee at its meeting held today.
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The Nomination and Remuneration Committee of Shriram Asset Management Company has approved the grant of 30,000 stock options to eligible employees under the company's Employees Stock Option Plan, 2022. Each option is convertible into one equity share of Rs. 10 face value, at an exercise price of Rs. 204.90 per share. The options will vest over three years in a 30:30:40 ratio, and employees have 10 years from the date of vesting to exercise them. The NRC meeting was held on November 6, 2025, and the disclosure was signed by Managing Director and CEO Kartik Jain.
This is a routine employee compensation event with a modest dilution of 30,000 shares. It signals retention-oriented incentives for employees and is unlikely to have a material impact on the stock price or existing shareholders.