Sundaram Finance Reports Exercise of Stock Options Under ESOP Scheme
Sundaram Finance Limited has announced the exercise of stock options granted under its Employee Stock Option Scheme 2008 (SFESOS). The action relates to Grant 15 of the scheme, involving a specific employee option holder.The details concerning the exercised stock options are as follows:
| Grant | Date of Grant | Exercise Date | No. of Option Holders | No. of Options |
|---|---|---|---|---|
| 15 | 26.05.2023 | 10th July 2026 | 1 | 128 |
Following the exercise of these options, Sundaram Finance Limited confirmed that suitable steps have been taken to transfer the equity shares. These shares are being transferred from the Sundaram Finance Employees Welfare Trust to the demat account of the respective option holder.
SUNDARMFIN Stock Price Movement
Sundaram Finance Limited shares today slipped by 1.11% to close at ₹4574.90, as the stock shed ₹51.20 from yesterday's closing price. The company saw a trading volume of 147,939 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.
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.