Metro Brands Limited has made a regulatory disclosure regarding the allotment of equity shares under its employee stock option plan.

Capital Structure Impact

Consequent to this allotment, the company's paid-up share capital has increased from ₹1,36,28,07,340 (consisting of 27,25,61,468 equity shares of ₹5 each) to ₹1,36,28,26,705 (consisting of 27,25,65,341 equity shares of ₹5 each). This represents an increase of 3,873 shares with a nominal value increase of ₹19,365.

Exercise Price Details

The allotment was made at different exercise prices per share:

  • ₹228 for 3,342 equity shares
  • ₹608.55 for 431 equity shares
  • ₹649.95 for 100 equity shares

The corresponding premium per share was:

  • ₹223 for 3,342 equity shares
  • ₹603.55 for 431 equity shares
  • ₹644.95 for 100 equity shares

Additional Details

  • ISIN Number: INE317I01021
  • Distinctive number range: 27,25,61,469 - 27,25,65,341
  • No lock-in restrictions apply to these shares
  • The shares are identical in all respects to existing shares
  • No listing fees are payable for this allotment
  • The scheme was originally filed with BSE on May 23, 2022 (Case No. 150501) and with NSE on May 27, 2022 (Application no. 30829)