Shriram Finance Ltd's Paid-up Capital Increases Following ESOP Share Allotment
Shriram Finance Limited announced that its paid-up share capital has increased following the allotment of Equity Shares arising from the exercise of Fresh Stock Options under the SFL ESOS 2023 (No.1). The company’s ESOP Allotment Committee approved the issuance on June 8, 2026.The allotment involved 84,560 Equity Shares, each with a face value of Rs.2/-, fully paid-up. These shares were issued to 118 employees who exercised Fresh Stock Options under the SFL ESOS 2023 (No.1).
This corporate action resulted in an increase in the company's paid-up share capital, which rose from Rs.470,56,61,136/- to Rs.470,58,30,256/-.
Key details regarding the ESOP allotment and the resulting equity structure are summarized below:
| Metric | Detail |
|---|---|
| Shares Allotted | 84,560 |
| Face Value per Share | Rs.2/- |
| Scheme Name | Shriram Finance Limited Employee Stock Option Scheme 2023 (No.1) |
| Exercise Price per Share | Rs.38.71 |
| Premium per Share | Rs.36.71 |
| Total Shares Issued After This Issue | 235,29,15,128 |
| Total Share Capital After This Issue | Rs.470,58,30,256/- |
The shares issued under the scheme rank pari-passu with existing shares. There are no lock-in or expiry details specified for these shares.
SHRIRAMFIN Stock Price Movement
As of 12:50 PM, shares of Shriram Finance Limited are slipping by 2.06% in live trading, currently at ₹904.25. The stock has registered intense activity today, with total traded volume reaching over 2.1 million shares against an intra-day low of ₹900.05.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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