Shriram Finance Limited has informed the Exchange regarding Allotment of 153502 Shares.
SHRIRAMFIN · price
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Shriram Finance Limited allotted 1,53,502 equity shares of face value Rs. 2 each to 157 employees who exercised their 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. The allotment was approved by the ESOP Allotment Committee on August 11, 2025. Following this, the company's paid-up share capital increased from Rs. 376,15,26,022 to Rs. 376,18,33,026, and the total issued shares now stand at 188,09,16,513. The new shares are in demat form (distinctive numbers 1880763012–1880916513) and rank equally with existing shares.
This is a routine ESOP allotment and a small dilution (about 0.008% increase in share count). No material impact on shareholders — the shares were issued at Rs. 38.71, well below current market price, so it benefits employee participants but is negligible for existing investors.