Key Quantitative Figures
- Number of stock options granted: 20,562
- Each option convertible into: 49 fully paid-up equity shares
- Face value of shares: Re. 1/- each
- Total shares covered by options: 1,007,538 equity shares
- Exercise price: Re. 1/- per stock option
Dates of Action
- Committee resolution date: July 27, 2026
- Disclosure date: July 27, 2026
Parties Involved
- Granting authority: Nomination and Remuneration Committee of Meesho Limited
- Recipients: Eligible employee(s) of the company
- Compliance officer: Rahul Bhardwaj, Company Secretary & Compliance Officer
Significant Terms
- The ESOP 2024 Plan provides for treatment of stock options in cases of death, permanent incapacity, resignation, termination, and retirement
- Equity shares allotted upon exercise of stock options are not subject to lock-in
- Options may be exercised after vesting period while employed
- Upon cessation of employment, vested options must be exercised within 6 months from date of cessation
Additional Information
- The disclosure will be available on the company's website: https://investor.meesho.com/announcements
- The scheme is in terms of SEBI (SBEB) Regulations, 2021
- No options have vested, been exercised, lapsed, or undergone terms variation as of this disclosure
#Tags: #Meesho #ESOP #SEBIRegulation30 #EmployeeCompensation #CorporateGovernance