Meesho Limited has allotted 12,98,744 equity shares of face value ₹1 each to eligible employees upon exercise of vested options under the company's Employee Stock Option Plan, 2024 (ESOP 2024 Plan). The allotment was approved by the Nomination and Remuneration Committee of the Board of Directors via a circular resolution passed on August 23, 2026.
The newly allotted equity shares shall rank pari-passu with existing equity shares of the Company in all respects.
Following this allotment, the issued, subscribed and paid-up equity share capital of the Company has increased from ₹4,62,35,69,638 (comprising 4,62,35,69,638 equity shares of ₹1 each) to ₹4,62,48,68,382 (comprising 4,62,48,68,382 equity shares of ₹1 each).
Additional Announcements:
The filing also notes the company's former names: Meesho Private Limited and Fashnear Technologies Private Limited.