Meesho Ltd Approves Allotment of Shares Through Employee Stock Option Plan
Meesho Limited announced that its Nomination and Remuneration Committee of the Board of Directors approved the allotment of equity shares to eligible employees. The allotment, which was approved by a circular resolution on April 20, 2026, utilizes vested options under the company's ESOP 2024 Plan.The Committee approved the allotment of 94,79,380 equity shares, each having a face value of Re. 1. These shares shall rank pari-passu with all existing equity shares of the Company in every respect.
The capital structure of Meesho Limited is set to undergo a change following the share allotment. The issuance of these new shares increases the company's paid-up equity share capital.
The following table details the change in the issued, subscribed, and paid-up equity share capital:
| Metric | Prior Capital Structure | Post Allotment Capital Structure |
|---|---|---|
| Total Paid-up Capital | Rs. 4,56,40,55,196 | Rs. 4,57,35,34,576 |
| Total Equity Shares | 4,56,40,55,196 | 4,57,35,34,576 |
| Face Value per Share | Re. 1/- | Re. 1/- |
The shares allotted through the Employee Stock Option Plan are intended for eligible employees, thereby strengthening the company's internal incentives program.
MEESHO Stock Price Movement
As of 2:08 PM, shares of Meesho Limited are slipping by 0.54% in live trading, currently marking ₹162.78. The stock is seeing active trading today, supported by a robust total volume of 3.31 million shares.Source:
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