Meesho Limited has informed the Exchange regarding grant of stock options under Meesho Limited - Employee Stock Option Plan, 2024 ( 'ESOP 2024 Plan')
MEESHO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Meesho Limited's Nomination and Remuneration Committee approved the grant of 8,370 stock options to eligible employees on May 04, 2026. Each stock option is convertible into 49 fully paid-up equity shares with a face value of Re. 1 each, covering a total of 4,10,130 equity shares. The exercise price is set at Re. 1 per option. The options will vest over a specified period and can be exercised after the vesting period, provided the employee remains in the company's employment. In case of employment cessation, vested options can be exercised within 6 months.
This is a routine ESOP grant that will have a minor dilutive effect on the company's equity when options are exercised in the future. The low exercise price of Re. 1 per option indicates these are deeply discounted options, which may impact earnings per share upon exercise.