StockWatch
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Diversified Retail
ESOP22 Jul 2026, 03:06 pm

Shoppers Stop Allots 80,916 Shares, Grants 74,925 Options/RSUs

AI Summary

Shoppers Stop Limited's Nomination Remuneration & Corporate Governance Committee (NRCGC) approved the allotment of 80,916 equity shares upon exercise of Employee Stock Options under the SSL Plan 2022. This increases the company's share capital to Rs. 55,10,28,310, comprising 11,02,05,662 shares. Additionally, the committee granted 49,950 ESOPs and 24,975 RSUs to eligible employees under the same plan. The company clarified that this allotment is not material. The meeting took place on July 22, 2026.

Key Highlights

  • 80,916 equity shares allotted due to ESOP exercise.
  • Total shares increase to 11,02,05,662 post-allotment.
  • 49,950 ESOPs and 24,975 RSUs granted to employees.
  • Allotment deemed not material to the company.
  • Actions approved by the NRCGC on July 22, 2026.