Vishal Mega Mart Limited has informed the Exchange regarding Allotment of 7933333 Shares.
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Vishal Mega Mart has allotted 79,33,333 equity shares (face value Rs. 10) to eligible employees upon exercise of vested stock options under the Vishal Mega Mart Employees Stock Options Plan 2019. The exercise price was Rs. 35 per share (Rs. 10 face value + Rs. 25 premium), bringing in approximately Rs. 27.77 crore to the company. Following this allotment, the total paid-up equity share capital has increased from Rs. 4,661.37 crore to Rs. 4,669.30 crore, with total shares now standing at 46,69,30,119. The newly allotted shares will rank equally with existing shares for dividends and all other purposes. The diluted EPS for Q1 FY26 (quarter ended June 30, 2025) on a standalone basis was Rs. 0.38. No lock-in applies to these shares.
This is a routine ESOP allotment causing only marginal dilution of about 0.17% to existing shareholders. The exercise price of Rs. 35 suggests employees are cashing in at a substantial gain over current market levels, which is mildly positive as it reflects employee confidence, but slightly dilutive in the short term for per-share metrics.