Meesho Limited Allots Equity Shares Under Employee Stock Option Plan
Meesho Limited announced 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 Nomination and Remuneration Committee of the Board approved the allotment via a circular resolution on March 27, 2026.A total of 3,63,12,662 equity shares, each with a face value of Re. 1, were allocated. These shares rank equally with existing equity shares of the company.
The allotment has increased the company's issued, subscribed, and paid-up equity share capital from Rs. 4,52,77,42,534 (representing 4,52,77,42,534 equity shares) to Rs. 4,56,40,55,196 (representing 4,56,40,55,196 equity shares).
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