Shriram AMC Grants 66,200 Stock Options

Shriram Asset Management Company Ltd announced the grant of 66,200 stock options under its Employees Stock Option Plan, 2022. The Nomination and Remuneration Committee approved the grant, with each option convertible into one equity share of Rs. 10/-. The exercise price is set at Rs. 303/- per share. These options will vest over three years in a 30:30:40 ratio and can be exercised within 10 years from the vesting date. This move is part of the company's employee incentive structure under SEBI regulations.