Metro Brands Limited Allots 69,263 Equity Shares Under ESOP 2008 Scheme
Metro Brands Limited allotted 69,263 equity shares under ESOP 2008 on March 16, 2026, increasing paid-up capital to ₹ 1,36,27,33,690. The shares were issued at exercise prices ranging from ₹ 228 to ₹ 649.95 across different tranches. The allotment complies with SEBI regulations and the company stated it is not material in nature.

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Metro Brands Limited has announced the allotment of 69,263 equity shares under its Employee Stock Option Plan (ESOP 2008) on March 16, 2026. The Share Allotment and Transfer Committee of the Board of Directors approved the allotment through a resolution passed by circulation to eligible grantees who exercised their stock options.
Share Capital Impact
The allotment has resulted in an increase in the company's paid-up share capital structure:
| Parameter | Before Allotment | After Allotment |
|---|---|---|
| Paid-up Share Capital | ₹ 1,36,23,87,375 | ₹ 1,36,27,33,690 |
| Total Equity Shares | 27,24,77,475 | 27,25,46,738 |
| Par Value per Share | ₹ 5 | ₹ 5 |
Exercise Price Details
The 69,263 equity shares were allotted at different exercise prices based on the grant tranches:
| Number of Shares | Exercise Price per Share | Premium per Share |
|---|---|---|
| 66,834 | ₹ 228.00 | ₹ 223.00 |
| 1,707 | ₹ 488.25 | ₹ 483.25 |
| 522 | ₹ 563.36 | ₹ 558.36 |
| 200 | ₹ 649.95 | ₹ 644.95 |
Regulatory Compliance
The allotment was conducted in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided detailed information as required under Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
Key regulatory details include:
- ISIN Number: INE317I01021
- Distinctive Numbers: 27,24,77,476 to 27,25,46,738
- Allotment Date: March 16, 2026
- Lock-in Period: Not applicable
Share Characteristics
The newly allotted shares are identical in all respects to the existing equity shares of the company. Metro Brands clarified that this allotment is not material in nature to the company's operations. The shares are listed on both BSE Limited (Scrip Code: 543426) and National Stock Exchange of India Limited (Symbol: METROBRAND).
The company's registered office is located at 401, Zillion, 4th Floor, LBS Marg & CST Road Junction, Kurla (West), Mumbai – 400070. The notification was signed by Deepa Sood, Senior VP – Legal, Company Secretary & Compliance Officer, with membership number 16019.
Historical Stock Returns for Metro Brands
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.59% | -3.86% | -14.45% | -29.14% | -14.56% | +85.79% |


































