Meesho Limited's Nomination and Remuneration Committee approved a grant of 8,370 Stock Options to eligible employees under its ESOP 2024 Plan via a circular resolution on May 04, 2026. Each option is convertible into 49 fully paid-up equity shares of face value Re. 1/- each, covering a total of 4,10,130 equity shares. The exercise price is set at Re. 1/- per stock option, and the scheme is compliant with SEBI (Share Based Employee Benefits) Regulations, 2021. Vested options may be exercised within 6 (Six) months of cessation of employment, and allotted shares will not be subject to lock-in.
Meesho Limited Grants 8,370 Stock Options to Eligible Employees Under ESOP 2024 Plan