Alicon Castalloy Ltd Allots 75,000 Equity Shares Under ESOP-2022
Alicon Castalloy Ltd allotted 75,000 equity shares of Rs.5/- each under ESOP-2022 following board approval on April 17, 2026. The shares were issued against employee option exercises in compliance with SEBI regulations.
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alicon castalloy has announced the allotment of 75,000 equity shares following a Board of Directors meeting held on April 17, 2026. The shares have been issued against the exercise of an equal number of options by employees of the company under the Employees Stock Options Scheme-2022.
ESOP Allotment Details
The company has allotted 75,000 equity shares with a face value of Rs.5/- each. These shares were issued to employees who exercised their options under the ESOP-2022 scheme. The allotment was approved by the Board of Directors in its meeting conducted on April 17, 2026.
| Parameter | Details |
|---|---|
| Total Shares Allotted | 75,000 |
| Face Value per Share | Rs.5/- |
| Scheme | Employees Stock Options Scheme-2022 |
| Board Meeting Date | 17th April, 2026 |
Regulatory Compliance
The disclosure regarding the ESOP allotment has been made in compliance with the requirements of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has informed both BSE Limited and National Stock Exchange of India Limited about the allotment. The scrip code for the company is 531147 and it trades under the symbol ALICON on the exchanges.
The communication was signed by Vimal Kumar Gupta, Chief Financial Officer of the company, on behalf of Alicon Castalloy Ltd.
Historical Stock Returns for Alicon Castalloy
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.24% | +7.12% | +2.34% | -21.01% | +1.65% | +58.71% |
What is the remaining pool of unexercised options under ESOP-2022, and when do they expire?
Will Alicon Castalloy launch a new ESOP scheme in 2027 to continue employee incentivization?
How might this equity dilution impact the company's earnings per share and dividend distribution strategy?
























