Meeting Details

  • Meeting Date: Tuesday, November 03, 2026
  • Commencement Time: 09:50 a.m. IST
  • Conclusion Time: 11:10 a.m. IST

Grant of Stock Benefits Approved

The Committee approved:

  • 24,060 units under Metropolis – Restrictive Stock Units Plan, 2025
  • 358,920 options under Metropolis – Employees Stock Options Plan, 2025

Details of Granted Benefits (Annexure I)

Restrictive Stock Units (Plan 2025):

  • Number of units: 24,060
  • Exercise price: ₹2 per unit (face value)
  • Vesting period: Minimum 1 year, extending up to 4 years
  • Exercise period: Maximum 5 years from vesting date

Employee Stock Options (Plan 2025):

  • Number of options: 358,920
  • Exercise price: ₹449.69 per option
  • Vesting period: Minimum 1 year, extending up to 4 years
  • Exercise period: Maximum 5 years from vesting date

Both schemes comply with SEBI (SBEB) Regulations, 2021.

Allotment of Equity Shares (Annexure II)

The Committee approved allotment of 65,600 equity shares under Metropolis – Restrictive Stock Unit Plan, 2020:

  • Allotment date: November 03, 2026
  • Exercise price: ₹2 per share
  • Total consideration: ₹1,31,200
  • Share certificate numbers: 20,74,63,397 to 20,75,28,996 (inclusive)
  • Premium per share: Nil

Capital Structure Impact

  • Pre-allotment shares: Not explicitly stated
  • Post-allotment total shares: 20,75,28,996
  • Post-allotment share capital: ₹41,50,57,992
  • Shares rank pari-passu with existing equity shares

Lock-in Provisions

  • 50% of allotted shares subject to lock-in for 1 year
  • Lock-in expiry date: November 02, 2027