Sundaram Finance Limited Announces Exercise of Employee Stock Options
Sundaram Finance Limited reported the exercise of stock options granted in 2021 and 2022 under the Sundaram Finance Employee Stock Option Scheme - 2008 (SFESOS). The exercise occurred on April 2nd, 2026.According to the company, one option holder exercised 400 options granted on May 28th, 2021, and another option holder exercised 100 options granted on May 25th, 2022.
The equity shares resulting from the exercised options have been transferred from the Sundaram Finance Employees Welfare Trust to the demat accounts of the respective option holders.
| Grant | 13 | 14 |
|---|---|---|
| Date of Grant | 28.05.2021 | 25.05.2022 |
| Exercise Date | 2 nd April 2026 | 2 nd April 2026 |
| No. of Option Holder | 1 | 1 |
| No. of Options | 400 | 100 |
Source:
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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.