Announced Wed, 1 Jul · 12:41 IST
Meesho allots 1.34 crore shares under ESOP 2024 Plan
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MEESHO · price
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Price reaction · full curve 14 horizons · vs prior close
-1.2%1-day move
₹192.53
prior close
₹188.79
base price
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AI summary
Meesho's Nomination and Remuneration Committee approved allotment of 1,34,50,895 equity shares of face value Re. 1 each to eligible employees upon exercise of vested options under the ESOP 2024 Plan on July 1, 2026. Paid-up equity share capital increased from Rs. 4,60,86,60,851 to Rs. 4,62,21,11,746. The new shares will rank pari-passu with existing equity shares in all respects.
Likely market impact
Minor dilution from ESOP exercise; routine employee benefit allotment with no material impact on financials.