Sundaram Finance Executes Stock Options Under ESOP Grant 15
Sundaram Finance Limited has completed the transfer of equity shares resulting from the exercise of stock options granted under the Sundaram Finance Employee Stock Option Scheme 2008 (SFESOS). The company confirmed that suitable steps have been taken for transferring these shares from the Sundaram Finance Employees Welfare Trust to the demat accounts of the respective option holders.The details regarding the exercised stock options are provided below:
| Grant | Date of Grant | Exercise Date | No. of Option Holders | No. of Options |
|---|---|---|---|---|
| 15 | 26.05.2023 | 3rd June 2026 & 4th June 2026 | 1 and 7 | 15 and 513 |
The exercise involves two separate instances of the stock options, conducted on June 3, 2026, and June 4, 2026. These transactions relate to the ESOP Grant 15 under the scheme established in 2008.
SUNDARMFIN Stock Price Movement
Sundaram Finance Limited's stock shed 1.67% in trading today, settling at ₹4103.1 as the equity declined sharply. The drop pushed the stock to its 52-week low, with a total traded volume of 105,514 shares recorded.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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