Please find attached disclosure
SHOPERSTOP · price
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Shoppers Stop Ltd's Nomination, Remuneration & Corporate Governance Committee approved three ESOP-related matters on May 5, 2026. First, 7,417 equity shares of Rs 5 each were allotted to employees who exercised vested stock options, increasing total share capital to Rs 55.06 crore across 11.01 crore shares. Second, the committee granted 1,49,772 ESOPs (exercise price Rs 365 each based on 6-month average price) and 74,886 RSUs (exercise price Rs 5 each at face value) to eligible employees under the SSL Plan 2022. Third, 89,221 RSUs vested for employees. The company clarified the allotment is not material in nature.
This is a routine employee benefits filing with minimal impact on stock price or shareholder value. The dilution from 7,417 newly allotted shares is negligible. However, the grant of 2.25 lakh new options could have a small dilutive effect over the next 2-4 years as they vest and are exercised.