Meesho Limited has informed the Exchange regarding Allotment of 14611534 Shares.
MEESHO · price
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Meesho Limited has allotted 1,46,11,534 equity shares of 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 19, 2026. As a result, the company's paid-up equity share capital has increased from Rs. 451.31 crore to Rs. 452.77 crore (an addition of roughly Rs. 1.46 crore). The newly issued shares will rank equally with existing shares in all respects. This is a routine employee stock option exercise disclosure filed under SEBI Listing Regulations.
This is a routine ESOP allotment with a minor dilution of about 0.32% to the existing share capital. No material impact on shareholders; it simply reflects employees converting their vested stock options into shares.