Sundaram Finance Limited — Important, 20-12-2024: Updates

Sundaram Finance has reported the exercise of stock options under its Employee Stock Option Scheme for grants 13 and 14. A total of 800 options from Grant 13, awarded on May 28, 2021, and 600 options from Grant 14, awarded on May 25, 2022, were exercised on December 20, 2024. There is one option holder for each grant, and necessary steps have been initiated to transfer equity shares from the Sundaram Finance Employees Welfare Trust to the respective holders' demat accounts. This move could signal employee engagement and confidence in the company's future prospects.