Meesho Allots 271,303 Equity Shares Against Employee Stock Option Exercise
Meesho Ltd has approved the allotment of equity shares to eligible employees following the exercise of options under its Employee Stock Option Plan, 2024 (ESO P 2024 Plan). The allotment was sanctioned by the Nomination and Remuneration Committee of the Board of Directors on July 22, 2026.The company allocated a total of 271,303 equity shares, each with a face value of Re. 1/- to employees who exercised vested options under the ESO P 2024 Plan. The newly allotted equity shares are stated to rank pari-passu with all existing equity shares of Meesho Ltd in every respect.
This allotment results in an increase in the issued, subscribed, and paid-up equity share capital of the company. Prior to this transaction, the company's capital stood at Rs. 4,62,21,11,746, comprising 4,62,21,11,746 equity shares of Re. 1/- each.
Following the allotment, the paid-up capital increased to Rs. 4,62,23,83,049, which is supported by a total of 4,62,23,83,049 equity shares of Re. 1/- each.
The key financial figures related to the capital structure are detailed below:
| Financial Metric | Before Allotment | After Allotment |
|---|---|---|
| Total Paid-up Capital | Rs. 4,62,21,11,746 | Rs. 4,62,23,83,049 |
| Total Shares | 4,62,21,11,746 | 4,62,23,83,049 |
MEESHO Stock Price Movement
As of 11:24 AM, Meesho Limited's stock sheds 0.66% in live trading, currently priced at ₹190.31 as investors navigate volatility. The equity sees active movement, with a volume surpassing 3.12 million shares traded so far today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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