Announced Tue, 16 Jun · 11:32 IST
ESOP exercise by employees - 40,242 shares allotted
Business Updates View source PDF
SHYAMMETL · price
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Price reaction · full curve 14 horizons · vs prior close
-1.6%1-day move
₹970.15
prior close
₹960.35
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0+0.1-0.0+0.1-1.6+0.2-0.4-0.5-0.9-2.6-4.5+6.8——
Up moveDown movePending
AI summary
10 eligible employees exercised 40,242 stock options under SMEL Performance ESOP Scheme (ESOP I-2023) between June 1-15, 2026, generating ₹1.31 crore for the company. Shares allotted at exercise prices of ₹326 and ₹331, set at a 25% discount to market price. This is part of a larger 8.76 lakh options granted to 63 employees under the SMEL Employee Stock Incentive Plan 2023.
Likely market impact
Minor share dilution; routine ESOP exercise with no material impact on financials or stock price.