MEESHONSEMeesho LimitedHighNeutral
Announced Fri, 27 Mar · 18:48 IST

Meesho Limited has informed the Exchange regarding Allotment of 36312662 Shares.

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MEESHO · price

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Price reaction · full curve 14 horizons · vs prior close
+2.0%1-day move
₹144.10
prior close
₹143.31
base price
After-mkt
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AI summary

Meesho Limited has allotted 3,63,12,662 equity shares (face value Re. 1 each) to eligible employees who exercised their vested stock options under the company's ESOP 2024 Plan. The allotment was approved by the Nomination and Remuneration Committee on March 27, 2026. Following this, the company's paid-up share capital has increased from Rs. 452.77 crore to Rs. 456.40 crore, an increase of about 0.8% in total share count. The newly issued shares will rank equally with existing equity shares in all respects.

Likely market impact

This is a routine ESOP allotment that slightly dilutes existing shareholders by around 0.8%. While it increases the total share count modestly, the impact on stock price is generally minimal as it reflects employee compensation already accounted for in the company's expenses.