Shriram Finance Allots 1,91,334 Equity Shares To Employees As Stock Option

Shriram Finance Allots 1,91,334 Equity Shares To Employees As Stock Option

The face value of the equity shares will be ₹10 each.

FPJ Web DeskUpdated: Tuesday, July 11, 2023, 06:58 PM IST
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Shriram Finance Allots 1,91,334 Equity Shares To Employees As Stock Option | Image: Shriram Finance (Representative)

Shriram Finance on Tuesday announced the allotment of 1,91,334 equity shares to 531 employees of the Company who exercised the Fresh Stock Options under SFL ESOS 2023, the company announced through an exchange filing.

The face value of the equity shares will be ₹10 each.

With this allotment of the Equity Shares, the paid-up share capital of the Company stands increased from ₹374,83,67,840 to ₹375,02,81,180.

Shriram Finance shares

The shares of Shriram Finance on Tuesday at 3:30pm IST were at ₹1,759, up by 2.08 percent.

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