Sundaram Finance Ltd has informed BSE regarding "Grant of Stock Options".
SUNDARMFIN · price
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Sundaram Finance Ltd has granted 14,629 stock options to eligible employees under the Sundaram Finance Employee Stock Option Scheme – 2008 (SFESOS). The options allow employees to acquire an equal number of equity shares of ₹10 each from the Sundaram Finance Employees Welfare Trust. The options can be exercised during the period 1st June 2029 to 30th November 2029 at an exercise price of ₹10 per share. The board meeting was held on May 25, 2026 and lasted from 10:00 AM to 1:15 PM.
This is a routine employee compensation disclosure with no direct shareholder impact. The exercise price of ₹10 per share matches the face value, indicating options were granted at a fair price. The large exercise window (June-November 2029) gives employees ample time to convert options into shares.