ESOP27 Jul 2026, 11:00 pm
Meesho Grants 20,562 Stock Options Under ESOP 2024 Plan
AI Summary
Meesho Limited announced the grant of 20,562 stock options to eligible employees under its ESOP 2024 Plan. The Nomination and Remuneration Committee approved the grant on July 27, 2026. Each option is convertible into 49 equity shares, covering a total of 10,07,538 equity shares. The exercise price is ₹1 per option. The ESOP plan includes provisions for various employment cessation scenarios and does not impose a lock-in on allotted shares.
Key Highlights
- 20,562 stock options granted to employees.
- Options convertible into 10,07,538 equity shares.
- Exercise price set at ₹1 per stock 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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