Announced Tue, 16 Jun · 11:36 IST
Shyam Metalics - 40,242 ESOP Options Exercised by 10 Employees
Capital Market Events View source PDF
SHYAMMETL · 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
-1.6%1-day move
₹970.15
prior close
₹960.55
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.0+0.0+0.0-1.6+0.2-0.4-0.5-0.9-2.6-4.5+6.8——
Up moveDown movePending
AI summary
NRC of Shyam Metalics approved exercise of 40,242 ESOP options by 10 eligible employees under ESOP I-2023 scheme between June 1-15, 2026. The company realized ₹1.31 crore from the exercise. Shares are allotted from the ESOP Trust via secondary market purchase, not fresh issuance. The scheme covers 8,76,738 total options granted at ₹326-331 (25% discount to market price in Sept 2023). No lock-in on allotted shares.
Likely market impact
Minor positive — employee confidence in stock. Shares sourced via trust from secondary market, so no fresh equity dilution. Neutral to slightly positive impact.