Announced Sat, 4 Jul · 15:23 IST
Sangam India grants 5.08 lakh ESOP options to employees under 2022 scheme
Corporate Actions View source PDF
SANGAMIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.2%1-day move
₹552.95
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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AI summary
Sangam (India) Limited's Nomination and Remuneration Committee approved grant of 5,08,500 stock options to eligible employees under the ESOP Scheme 2022. Each option converts to one equity share of Rs 10 face value. Vesting ranges from 1 to 7 years from grant date, with 2 years to exercise after vesting. Pricing follows the ESOP scheme formula.
Likely market impact
Potential mild equity dilution when options are exercised, though ESOPs help align employees with shareholders. Largely neutral near-term.