Shriram Properties Limited has informed the Exchange about Formulation and Adoption of Shriram Properties Employees Stock Option Plan, 2025
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Shriram Properties' board, at its August 12, 2025 meeting, approved Q1 FY26 (quarter ended June 30, 2025) unaudited results alongside several other items. On a consolidated basis, revenue from operations rose to ₹24,232 lakhs from ₹15,396 lakhs a year ago, and net profit grew to ₹2,059 lakhs (₹1.21 EPS) from ₹1,746 lakhs (₹1.02 EPS). Standalone numbers were weaker, with a loss of ₹895 lakhs versus ₹2,421 lakhs last year, though revenue from operations improved sharply to ₹2,645 lakhs from ₹723 lakhs. The board also approved a new ESOP 2025 covering up to 5% of diluted paid-up capital, with exercise priced at up to a 15% discount to market price and vesting over 1–4 years, subject to shareholder approval. Additionally, Mr. Akshay Murali was appointed as Vice President – Business Development, and the 4th AGM was scheduled via video conferencing. The auditor's report carries an emphasis-of-matter note on the October 2024 Enforcement Directorate search, for which no findings have been communicated yet.
Consolidated profitability and revenue growth are positive signals for shareholders, though the standalone loss and the lingering ED search overhang may cap near-term enthusiasm. The new ESOP could lead to mild equity dilution (up to 5%) but helps align employee incentives; watch for AGM approval and grant details.