Alicon Castalloy Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/02/2026 ,inter alia, to consider and approve Update on board meeting
ALICON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Alicon Castalloy has informed stock exchanges that its Board meeting, already scheduled for 13th February 2026 to approve Q3 FY26 (quarter ended 31 December 2025) unaudited financial results, will also consider and approve an Employee Stock Option Scheme (ESOS). The ESOS will be structured under SEBI's Share Based Employee Benefits and Sweat Equity Regulations 2021 and the Companies Act, 2013. This is a continuation of the company's earlier intimation dated 29th January 2026. The letter is signed by the CFO, Vimal Kumar Gupta.
Introduction of an ESOS could lead to equity dilution for existing shareholders once options are granted and exercised. However, it also signals the company's intent to attract and retain talent by offering equity-based incentives, which is generally viewed as a long-term positive for alignment of interests.