Shriram Finance (SHRIRAMFIN) — Corporate Action

Shriram Finance approved the allotment of 119,787 equity shares to 163 employees under its 2023 Employee Stock Option Scheme, increasing paid-up capital from Rs.376.1286448 crore to Rs.376.1526022 crore. The shares, with a face value of Rs.2 each, were issued at an exercise price of Rs.38.71 per share, resulting in a total share capital of Rs.376.1526022 crore. The issuance is part of a broader ESOP framework disclosed under SEBI regulations.

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About Shriram Finance Limited (SHRIRAMFIN)

Financial Services · Finance · Listed on NSE

Market Cap: ₹2,20,671.98 Cr P/E: 23.3

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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