ESOP1 Nov 2026, 05:30 pm

Meesho Grants 2,901 Stock Options Under ESOP 2024 Plan

AI Summary

Meesho Limited has announced the grant of 2,901 stock options to eligible employees under its Employee Stock Option Plan 2024. The Nomination and Remuneration Committee approved this grant via a circular resolution on November 1, 2026. Each option is convertible into 49 equity shares, covering a total of 142,149 equity shares. The exercise price is ₹1 per stock option. The ESOP 2024 Plan includes provisions for various employment cessation scenarios, and shares allotted upon exercise will not be subject to a lock-in period.

Key Highlights

2,901 stock options granted to employees.
Options are under the ESOP 2024 Plan.
Each option convertible into 49 equity shares.
Exercise price set at ₹1 per option.
No lock-in period for allotted shares.

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MEESHO

E-Retail/ E-Commerce

Meesho Ltd

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