Shriram Finance Limited (SHRIRAMFIN) — Corporate Action Announcement
📢 Key Event
Allotment of 1,44,142 shares under ESOP 2023 (No.1) to 116 employees
🔄 What Changed
Paid-up capital increased from Rs.470,53,72,852 to Rs.470,56,61,136; total issued share capital rose to Rs.470,56,61,136
💡 Investor Takeaway
This dilutes existing shareholders' ownership proportionally through new share issuance.
Shriram Finance announced the allotment of 1,44,142 equity shares to 116 employees under its 2023 Employee Stock Option Scheme, increasing paid-up capital from Rs.470,53,72,852 to Rs.470,56,61,136 and raising total issued share capital to Rs.470,56,61,136, with shares issued at an exercise price of Rs.38.71.
📄 View Original Announcement (PDF)
About Shriram Finance Limited (SHRIRAMFIN)
Financial Services · Finance · Listed on NSE
Market Cap: ₹2,20,671.98 Cr
P/E: 23.3
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.