Sundaram Finance Limited reports Exercise of Stock Options under Employee Scheme
Sundaram Finance Limited has confirmed the exercise of stock options granted under its Employee Stock Option Scheme—2008 (SFESOS). The details pertain to a specific grant relating to the company's 2023 ESOP Grant.
The exercised options relate to one option holder and total 40 options, stemming from a grant made on May 26, 2023. These options were exercised on July 3, 2026.
Key details of the stock option exercise are as follows:
| Grant | Details |
|---|---|
| Date of Grant | 26.05.2023 |
| Exercise Date | 3th July 2026 |
| No. of Option Holders | 1 |
| No. of Options | 40 |
Following the exercise, Sundaram Finance Limited confirmed that suitable steps have been taken to facilitate the transfer of equity shares from the Sundaram Finance Employees Welfare Trust to the demat accounts of the respective option holder.
SUNDARMFIN Stock Price Movement
Today, shares of Sundaram Finance Limited edged higher to close at ₹4,599 after trading in the post-market session. The equity experienced movement within a daily range spanning from a low of ₹4,550 to a high of ₹4,685.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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