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Sundaram Finance informs about grant of stock options

30 May 2020 Evaluate

Sundaram Finance has informed that the Board of Directors of the Company, at the meeting held on 29th May 2020, granted 9375 Stock Options under the Sundaram Finance Employee Stock Option Scheme-2008 (SFESOS) to eligible employees. The Options entitle them to acquire equal number of equity shares of Rs 10  each of the Company from Sundaram Finance Employees Welfare Trust. The Options can be exercised anytime during 2nd June 2021 to 1st September 2021 at an exercise price of Rs 10  per share.

The above information is a part of company’s filings submitted to BSE.


Peers
Company Name CMP
Bajaj Finance 1040.00
Shriram Finance 1007.00
Aditya Birla Capital 402.00
Tata Capital 350.05
Chola Invest & Fin. 1770.45
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