Shoppers Stop Limited announced the allotment of 5,224 equity shares under its Employee Stock Option Plan 2022 on January 20, 2026. The allotment was approved by the company's Nomination Remuneration & Corporate Governance Committee during its meeting held on the same date.

Share Allotment Details

The allotted shares were issued following the exercise of vested Employee Stock Options by employees under the Shoppers Stop Limited Employees Stock Option Plan 2022. The company clarified that this allotment is not material in nature to the organization.

Updated Share Capital Structure

Following this allotment, the company's share capital structure has been updated. The total issued share capital now stands at ₹55,05,86,645, representing a marginal increase from the previous capital base.

Regulatory Compliance and Plan Details

The allotment was conducted pursuant to Regulation 30 of SEBI Listing Regulations and complies with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The SSL Plan 2022 had received consolidated in-principle approval from both BSE and NSE in 2022.

The BSE approval was granted on June 24, 2022, for 20,00,000 equity shares comprising 13,33,000 ESOPs and 6,67,000 RSUs under filing number DCS/IPO/TL/ESOP-IP/2384/2022-23. NSE provided its approval on June 15, 2022, under filing number NSE/LIST/31360 for the same quantum of shares.

Share Characteristics

The newly allotted equity shares will rank pari-passu with existing equity shares of the company in all respects. No lock-in period applies to these shares, and no additional listing fees are payable for this allotment. The committee meeting that approved the allotment commenced at 3:00 PM and concluded at 3:45 PM on January 20, 2026.

Shoppers Stop Limited has received formal requests from two entities in its promoter group seeking reclassification to public shareholder category. The company disclosed this development in a regulatory filing dated January 16, 2026, under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Entities Seeking Reclassification

The requests were submitted on January 15, 2026, by two promoter group entities that currently hold no shares in the company:

Both entities have formally requested to be reclassified from 'Promoter Group' category to 'Public Shareholder' category in accordance with Regulation 31A of the SEBI Listing Regulations.

Board Consideration Process

The company's Board of Directors will review these reclassification requests at their upcoming meeting scheduled for Tuesday, January 20, 2026. The board will evaluate the requests in compliance with the provisions outlined in Regulation 31A of the SEBI Listing Regulations.

Regulatory Compliance

Shoppers Stop has confirmed that all necessary steps will be undertaken in full compliance with Regulation 31A of the SEBI Listing Regulations. The disclosure follows the mandatory requirements under Regulation 30 read with Regulation 31A, ensuring transparency in promoter group changes.

The information has been made available on the company's corporate website for stakeholder access. This regulatory filing demonstrates the company's commitment to maintaining proper disclosure standards regarding changes in promoter group composition.