Shriram Asset Management Company Limited has allotted 1,56,640 new equity shares, each with a face value of ₹10, to four employees.

These shares were issued as part of the company's ESOP 2022 scheme, following the exercise of stock options.

This allotment increases the company's paid-up share capital from approximately ₹16.98 Cr to ₹17.14 Cr.

This move expands the total outstanding shares, aligning employee incentives with long-term company growth.