Meesho grants 3,886 stock options under ESOP 2024 Plan
Meesho Limited's NRC approved the grant of 3,886 stock options under the ESOP 2024 Plan on July 01, 2026. Each option converts into 49 equity shares, totaling 1,90,414 shares, with an exercise price of Re. 1. The scheme complies with SEBI regulations and allows exercise post-vesting, with provisions for employment cessation.
*this image is generated using AI for illustrative purposes only.
Meesho Limited has approved the grant of 3,886 stock options to eligible employees under its ESOP 2024 Plan. The Nomination and Remuneration Committee of the Board of Directors sanctioned the issuance through a circular resolution passed on July 01, 2026. This move aligns with the company's strategy to incentivize employees through equity participation.
The disclosure was made to the National Stock Exchange of India and BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), 2015. The scheme adheres to the SEBI (SBEB) Regulations, 2021, ensuring transparency and regulatory compliance in the allocation process.
Each granted stock option is convertible into 49 fully paid-up equity shares, with a face value of Re. 1 each. Consequently, the total number of equity shares covered by these options stands at 1,90,414. The exercise price for the stock options has been fixed at Re. 1 per option, providing a direct path for employees to acquire equity in the company.
The options will be exercisable only after the vesting period, subject to the grantee remaining in the company's employment. In cases where employment ceases, all vested options as of the last working day must be exercised within six months from the date of cessation. The ESOP 2024 Plan also outlines provisions for handling options in scenarios such as death, permanent incapacity, resignation, termination, and retirement.
Equity shares allotted upon the exercise of these stock options will not be subject to any lock-in period. The company has made the detailed disclosure available on its investor relations website, ensuring accessibility for all stakeholders.
Key Details of ESOP 2024 Grant
| Particulars | Details |
|---|---|
| Options Granted | 3,886 Stock Options |
| Shares Covered | 1,90,414 equity shares of Re. 1 each |
| Conversion Ratio | 1 Option = 49 equity shares |
| Exercise Price | Re. 1 per stock option |
| Regulatory Compliance | SEBI (SBEB) Regulations, 2021 |
Historical Stock Returns for Meesho
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.83% | +1.12% | +3.04% | +1.47% | +11.05% | +11.05% |
How will this ESOP grant impact Meesho's talent retention and acquisition strategy in the competitive e-commerce sector?
What are the potential implications of the low exercise price (Re. 1) on future dilution of existing shareholders' equity?
Could this move signal Meesho's preparation for an IPO or further funding rounds in the near future?
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
