Meesho Allots 1.46 Crore Equity Shares Under ESOP 2024 Plan to Employees
Meesho Limited allotted 1,46,11,534 equity shares of Re. 1/- face value each to eligible employees under ESOP 2024 Plan on March 19, 2026. The allotment increased the company's paid-up equity share capital from Rs. 4,51,31,31,000 to Rs. 4,52,77,42,534. The newly issued shares rank pari-passu with existing equity shares and the disclosure was made under SEBI Listing Regulations.
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Meesho Limited has completed a significant employee stock option allotment, issuing 1,46,11,534 equity shares to eligible employees under its Employee Stock Option Plan 2024. The allotment represents a key milestone in the company's employee compensation strategy.
ESOP Allotment Details
The Nomination and Remuneration Committee of the Board of Directors approved the allotment on March 19, 2026, through circulation. The shares were issued upon exercise of vested options under the company's ESOP 2024 Plan.
| Parameter: | Details |
|---|---|
| Shares Allotted: | 1,46,11,534 equity shares |
| Face Value: | Re. 1/- each |
| Beneficiaries: | Eligible employees |
| Approval Date: | March 19, 2026 |
| Plan: | ESOP 2024 Plan |
Impact on Share Capital
The allotment has resulted in an increase in the company's issued, subscribed and paid-up equity share capital. The capital structure change reflects the exercise of employee stock options under the established plan.
| Metric: | Before Allotment | After Allotment |
|---|---|---|
| Paid-up Capital: | Rs. 4,51,31,31,000 | Rs. 4,52,77,42,534 |
| Number of Shares: | 4,51,31,31,000 | 4,52,77,42,534 |
| Face Value per Share: | Re. 1/- | Re. 1/- |
Share Rights and Compliance
The newly allotted equity shares will rank pari-passu with existing equity shares of the company in all respects. This ensures that the new shares carry the same rights and privileges as the existing shareholding.
The disclosure has been made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also made the information available on its investor website at investor.meesho.com/announcements.
Corporate Structure
Meesho Limited, formerly known as Meesho Private Limited and Fashnear Technologies Private Limited, operates with CIN L74900KA2015PLC082263. The company is headquartered in Bengaluru, Karnataka, with its registered office located at Helios Business Park on the Outer Ring Road.
Historical Stock Returns for Meesho
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.37% | +2.36% | -7.68% | -14.93% | -14.93% | -14.93% |
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