ESOP3 Sept 2026, 01:44 pm
Meesho Grants 15,556 Stock Options Under ESOP 2024 Plan
AI Summary
Meesho Limited announced the grant of 15,556 stock options to eligible employees under its ESOP 2024 Plan. The Nomination and Remuneration Committee approved this grant via a circular resolution on September 3, 2026. Each option is convertible into 49 equity shares, covering a total of 7,62,244 equity shares. The exercise price is Re. 1 per option. The ESOP plan includes provisions for various employment cessation scenarios, and shares allotted upon exercise will not be subject to a lock-in period.
Key Highlights
- 15,556 stock options granted to employees.
- Options convertible into 7,62,244 equity shares.
- Exercise price set at Re. 1 per option.
- ESOP 2024 Plan details terms for vesting and exercise.
- No lock-in period for shares allotted upon exercise.
Price Impact
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