Announced Wed, 17 Jun · 18:29 IST
ESOP Exercise: 124 Stock Options Under Grant 15
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SUNDARMFIN · price
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Price reaction · full curve 14 horizons · vs prior close
+1.0%1-day move
₹4453.50
prior close
₹4456.40
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.5-0.5-0.5-0.4+1.0+1.5+1.0+3.4+3.8+1.7+2.6-0.1——
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AI summary
Sundaram Finance informed the exchange that 124 stock options under Grant 15 of the Sundaram Finance Employee Stock Option Scheme 2008 were exercised across two dates, 16 and 17 June 2026. These were originally granted on 26 May 2023. Three option holders were involved, exercising 40 and 84 options respectively. Shares will be transferred from the Sundaram Finance Employees Welfare Trust to the holders' demat accounts. No new shares are being issued to the market.
Likely market impact
Minor dilutive impact as shares move from the employee welfare trust to insiders; no material effect on share price or public float.