Meesho Issues Nearly 95 Lakh Shares Under ESOP Plan, Share Capital Increases

Meesho Limited has approved the allotment of 94,79,380 equity shares under its Employee Stock Option Plan (ESOP) 2024, as per an exchange filing. The decision was taken by the Nomination and Remuneration Committee through a circular resolution passed on April 20, 2026.  

The shares have been issued following the exercise of vested stock options by eligible employees. Each equity share carries a face value of ₹1. The company stated that these shares will rank pari-passu with the existing equity shares in all respects. 

Change in Share Capital 

Following the allotment, the company’s issued, subscribed and paid-up equity share capital has increased. It has risen from ₹4,56,40,55,196 to ₹4,57,35,34,576. 

In terms of the number of shares, this translates to an increase from 4,56,40,55,196 equity shares to 4,57,35,34,576 equity shares of ₹1 each.  

The increase shows the conversion of stock options into equity shares, which typically results in a marginal expansion of the overall share base. 

Company Details 

Meesho Limited, earlier known as Meesho Private Limited and Fashnear Technologies Private Limited, is registered in Bengaluru, Karnataka. Its registered office is located at Helios Business Park on Outer Ring Road.  

The ESOP 2024 plan is part of the company’s employee compensation structure, allowing eligible employees to convert stock options into equity shares. 

Regulatory Filing 

The company disclosed the allotment under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 

Such disclosures are required when there are changes in capital structure arising from corporate actions, including ESOP exercises. 

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Meesho Share Price Performance  

As of April 20, 2026, 3:30 pm, Meesho Ltd share price was trading at ₹162.60, down 0.65% from the previous closing price. 

Conclusion 

The ESOP allotment has resulted in a marginal increase in Meesho’s equity base following employee stock option exercises. The shares carry equal rights as existing equity. 

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