Shriram Finance Limited has informed the Exchange regarding Allotment of 37245 Equity shares on exercise of Fresh Stock Options under Shriram Finance Limited Employee Stock Option Scheme 2023 (No.1) ( SFL ESOS 2023 (No.1) )
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Shriram Finance's ESOP Allotment Committee, at a meeting on March 11, 2026, approved the allotment of 37,245 equity shares (face value Rs. 2 each) to 62 employees who exercised Fresh Stock Options under the company's ESOS 2023 (No.1) scheme. The exercise price was Rs. 38.71 per share, which includes a premium of Rs. 36.71 over face value. Following this allotment, the company's total issued shares stand at 188,15,65,371 and paid-up share capital has risen from Rs. 376,30,56,252 to Rs. 376,31,30,742. The new shares are pari-passu with existing shares and carry no lock-in restrictions.
This is a small, routine ESOP allotment with negligible dilution (37,245 shares against ~188 crore total shares) and is unlikely to have any meaningful impact on the stock price or existing shareholders' value. It reflects normal employee compensation activity.