SHYAMMETLNSEShyam Metalics and Energy LimitedLowNeutral
Announced Thu, 25 Jun · 15:38 IST

Shyam Metalics allots 17,891 shares under ESOP scheme

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SHYAMMETL · price

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Price reaction · full curve 14 horizons · vs prior close
+0.2%1-day move
₹945.05
prior close
₹940.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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AI summary

Shyam Metalics informed the exchange about ESOP exercise under SMEL Employee Stock Incentive Plan 2023. 5 eligible employees exercised 17,891 options between 16 and 25 June 2026, raising Rs 58.33 lakhs. Shares allotted are not subject to lock-in. No options lapsed. This is part of the 8.77 lakh options granted to 63 employees under the Performance ESOP Scheme, priced at 25 percent discount to market price.

Likely market impact

Minor dilution of about 17,891 shares. Routine ESOP exercise, no material impact on shareholders or stock price.