ALPHA TRIBE

Sundaram Finance LimitedImportant, 10-03-2025: Updates

10-03-2025 | 06:58 pm

Sundaram Finance has reported the exercise of stock options under its Employee Stock Option Scheme – 2008. One option holder exercised 400 options from Grant 13 (dated 28.05.2021), and another exercised 150 options from Grant 14 (dated 25.05.2022) on 10th March 2025. The company has initiated steps to transfer the corresponding equity shares from the Sundaram Finance Employees Welfare Trust to the demat accounts of the option holders. This move indicates ongoing employee engagement and aligns with retention strategies, potentially strengthening workforce morale and retention in the long term.

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