Shoppers Stop Limited has informed the Exchange regarding Allotment of 53024 Shares.
SHOPERSTOP · price
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Awaiting price reaction for this filing.
Shoppers Stop Limited allotted 53,024 equity shares to its employees on July 17, 2025, following the exercise of vested stock options. This includes 5,787 shares under the ESOP 2020 Scheme at Rs. 192 per share (with a Rs. 187 premium) and 47,237 shares under the SSL Plan 2022 at Rs. 5 per share (no premium). Post-allotment, the company's total issued share capital stands at Rs. 55.05 crore, divided into 11.01 crore equity shares of Rs. 5 each. The newly issued shares rank equally with existing shares, and no lock-in applies. This is a routine employee stock option exercise resulting in very minor dilution of approximately 0.05%.
This is a routine ESOP allotment with negligible dilution, unlikely to materially affect the stock price. It reflects employees exercising vested options, which is a normal operational activity and slightly positive indicator of employee engagement with company performance.