Sundaram Finance Reports Exercise of Stock Options Under Employee Scheme
Sundaram Finance Limited has reported the exercise of stock options granted under its Employee Stock Option Scheme. The transaction pertains to Grant 15 and relates to employees who held options granted in 2023.The company confirmed that the options, which were issued during the Sundaram Finance Employee Stock Option Scheme - 2008 (SFESOS), have been exercised as of June 9, 2026. This exercise involved a specified number of option holders and relates to the stock grant dating back to May 26, 2023.
The details of the ESOP exercise are as follows:
| Grant | Value |
|---|---|
| Number of Options Exercised | 71 |
| Date of Grant | 26.05.2023 |
| Exercise Date | June 9, 2026 |
| No. of Option Holders | 2 |
Regarding the fulfillment of this transaction, Sundaram Finance Limited has taken appropriate steps to transfer the equity shares. These shares are being transferred from the Sundaram Finance Employees Welfare Trust directly into the demat accounts of the respective option holders.
SUNDARMFIN Stock Price Movement
Sundaram Finance Limited closed higher today after shares gained 3.19%, settling at ₹4178.6. The stock traded solidly throughout the day, finishing near its high after opening from ₹4081 and seeing heavy activity of 66,447 shares.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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