ALPHA TRIBE

Shriram Finance LimitedOthers, 18-06-2025: ESOP/ESOS/ESPS

18-06-2025 | 12:04 pm

Shriram Finance Limited has announced the allotment of 1,16,521 equity shares to 130 employees under its Employee Stock Option Scheme 2023 (No.1) at an exercise price of Rs.38.71 per share. This issuance increased the company's total paid-up share capital to Rs.376.13 Cr with 1.88 billion shares outstanding. The shares will carry the same rights as existing equity shares. This move aligns employee incentives with company performance, supporting retention and motivation strategies.

No comments yet. Be the first to comment!

All announcements from Shriram Finance Limited