Announced Sat, 20 Jun · 16:19 IST
Meesho allots about 1.03 crore shares under ESOP 2024 plan
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MEESHO · 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
+5.4%1-day move
₹176.00
prior close
₹177.00
base price
After-mkt
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-2.0-2.3-2.3-2.3+5.4+6.7+5.6+10.7+9.4+8.1+6.9+7.8——
Up moveDown movePending
AI summary
Meesho's Nomination and Remuneration Committee approved allotment of about 1.03 crore equity shares of face value Re 1 each to employees who exercised vested options under the ESOP 2024 Plan. Paid up share capital rose from about Rs 459.83 crore to Rs 460.87 crore, a minor increase of roughly 0.23 percent in total share count. The new shares will rank equally with existing shares.
Likely market impact
Minor dilution of about 0.23 percent. Routine ESOP exercise, signals employee participation, limited price impact expected.