Announced Fri, 10 Jul · 18:04 IST
Sundaram Finance - 128 ESOP Options Exercised Under 2023 Grant
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SUNDARMFIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.5%1-day move
₹4570.00
prior close
₹4574.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-0.7-0.8-0.5-2.5-1.1-3.0-3.0-2.6-3.4————
Up moveDown movePending
AI summary
Sundaram Finance informed the exchange that 1 employee has exercised 128 stock options under the Sundaram Finance Employee Stock Option Scheme 2008 (Grant 15, originally granted on 26 May 2023). The exercise took place on 10 July 2026. The 128 equity shares will be transferred from the Sundaram Finance Employees Welfare Trust to the employee's demat account, so no new shares are being issued and there is no dilution for existing shareholders.
Likely market impact
Neutral for shareholders. A small, routine ESOP exercise funded from the existing employee welfare trust, with no new share issuance or dilution.