Metro Brands Limited has made a regulatory disclosure regarding the allotment of equity shares under its employee stock option plan. The Share Allotment and Transfer Committee of the Board of Directors approved the allotment via a resolution passed by circulation on September 11, 2026.

Allotment Details

The company allotted 18,772 equity shares of ₹5 each under the Metro Stock Option Plan (ESOP 2008) to eligible grantees. The allotment was made pursuant to the exercise of options granted under the plan.

Capital Structure Impact

Consequent to this allotment, the paid-up share capital of the company has increased from ₹1,36,29,63,705 (consisting of 27,25,92,741 equity shares of ₹5 each) to ₹1,36,30,57,565 (consisting of 27,26,11,513 equity shares of ₹5 each). This represents an increase of 18,772 shares in the total equity share capital.

Materiality Assessment

The company specifically clarifies that the allotment of shares is "not material in nature to the Company."

Annexure Details

The annexure provides comprehensive details as required by SEBI regulations:

  • Company registered office: 401, Zillion, 4th Floor, LBS Marg & CST Road Junction, Kurla (West), Mumbai – 400070
  • Shares listed on: BSE Limited and National Stock Exchange of India Limited
  • Previous regulatory filings: Statement filed with BSE on May 23, 2022 (Case No. 150501) and with NSE on May 27, 2022 (Application no. 30829)
  • Scheme title: Metro Stock Option Plan, 2008 (ESOP 2008)
  • Security type: Equity Shares
  • Par value: ₹5 per equity share
  • Date of issue: September 11, 2026 (allotment date)
  • Number of shares issued: 18,772 equity shares
  • Exercise price details:
  • ₹228 for 16,677 equity shares
  • ₹544.80 for 750 equity shares
  • ₹571.59 for 445 equity shares
  • ₹649.95 for 900 equity shares
  • Premium per share details:
  • ₹223 for 16,677 equity shares
  • ₹539.80 for 750 equity shares
  • ₹566.59 for 445 equity shares
  • ₹644.95 for 900 equity shares
  • Total issued shares after this issue: 27,26,11,513 equity shares of ₹5 each
  • Total issued share capital after this issue: ₹1,36,30,57,565
  • No lock-in restrictions apply to these shares
  • Shares are identical in all respects to existing shares
  • No listing fees payable

Additional Information

The intimation is also available on the company's website.