This is a regulatory disclosure made to the National Stock Exchange of India Limited and BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Nomination and Remuneration Committee (NRC) of the Board of Directors of Meesho Limited approved, via a circular resolution passed on November 01, 2026, the grant of 2,901 Stock Options to eligible employee(s) under the Company's ESOP 2024 Plan.

Key Details of the Grant:

  • Number of Options Granted: 2,901 Stock Options.
  • Conversion Ratio: Each Stock Option is convertible into 49 fully paid-up equity shares of face value Re. 1/- each.
  • Total Shares Covered: The grant covers 142,149 equity shares (2,901 options * 49 shares), inclusive of requisite adjustments for corporate actions as per the ESOP 2024 Plan.
  • Exercise Price: The exercise price is Re. 1/- per stock option.
  • Vesting Status: Options are not yet vested (Not applicable as of this grant).
  • Exercise Period: Options may be exercised at any time after the vesting period, provided the option grantee is in the employment of the Company. In the event of cessation of employment, all vested options as of the last working day may be exercised within 6 (Six) months from the date of cessation.

Significant Terms of the ESOP 2024 Plan:

The plan outlines the manner in which Stock Options would be dealt with in cases of death, permanent incapacity, resignation, termination, and retirement. The equity shares allotted upon the exercise of the Stock Options are not subject to any lock-in period.

The disclosure is made in accordance with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The information will be made available on the Company's website at https://investor.meesho.com/announcements.

Other Disclosures:

  • Options Exercised: Not applicable.
  • Money Realized by Exercise: Not applicable.
  • Total Shares from Exercise: Not applicable.
  • Options Lapsed: Not applicable.
  • Variation of Terms: Not applicable.
  • Diluted EPS Impact: Not applicable.
  • Subsequent Changes/Cancellation: Not applicable.

The letter was signed by Rahul Bhardwaj, Company Secretary & Compliance Officer (Membership No.: A41649).