<h1>Sundaram Finance Limited Exercises ESOP Stock Options from 2021 and 2023 Grants</h1>
Sundaram Finance Limited has announced the exercise of stock options under its Employee Stock Option Scheme (SFESOS) related to grants made in 2021 and 2023. The details concerning these exercised options confirm the allocation across multiple grant categories.
The company confirmed that suitable steps are being taken for the transfer of equity shares, moving them from the Sundaram Finance Employees Welfare Trust into the demat accounts of the respective option holders.
Details regarding the two grants and the subsequent exercise on August 12, 2026, are as follows:
| Grant | Date of Grant | Exercise Date | No. of Option Holders | No. of Options |
|---|---|---|---|---|
| 13 | 28.05.2021 | 12th August 2026 | 1 | 80 |
| 15 | 26.05.2023 | 12th August 2026 | 3 | 195 |
SUNDARMFIN Stock Price Movement
Sundaram Finance Limited shares edged higher on Wednesday, gaining 1.51% to settle at ₹4,514.40. The equity saw a trading volume of 38,609 shares during the session.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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