Announced Fri, 3 Jul · 17:56 IST
ESOP Grant 15: 40 stock options exercised by one employee
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SUNDARMFIN · price
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Price reaction · full curve 14 horizons · vs prior close
+4.4%1-day move
₹4599.00
prior close
₹4590.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1-0.2-0.3-0.3+4.4+1.5+0.2-0.6-1.7-1.8-4.0———
Up moveDown movePending
AI summary
Under the Sundaram Finance Employee Stock Option Scheme 2008, one employee exercised 40 stock options from Grant 15 on July 3, 2026. These options were originally granted on May 26, 2023. The resulting equity shares will be transferred from the company's Employees Welfare Trust to the employee's demat account. This is a routine disclosure about a very small number of shares.
Likely market impact
Minor ESOP exercise with no material impact on shareholding or stock price. Routine regulatory disclosure.