Gurugram, India | February 5, 2025 – Vishal Mega Mart Limited has announced the allotment of 42,843,923 equity shares pursuant to the exercise of stock options under the Vishal Mega Mart Employees Stock Options Plan 2019 (ESOP 2019).
Key Highlights of the ESOP Allotment:
- The Securities Allotment Committee of the Board of Directors approved the issuance of 42.84 million equity shares of ₹10 each.
- The shares were allotted at different exercise prices, as per the following structure:
| No. of Shares | Exercise Price (₹) |
|---|---|
| 41,547,423 | 10 |
| 1,060,000 | 15 |
| 60,000 | 15.96 |
| 66,500 | 18.07 |
| 110,000 | 35 |
- The allotted equity shares will rank pari passu with existing equity shares, including entitlement to dividends.
Impact on Paid-Up Share Capital:
- Prior to allotment: ₹45,087,194,930 consisting of 4,508,719,493 equity shares.
- Post-allotment: ₹45,515,634,160 consisting of 4,551,563,416 equity shares.
Regulatory Compliance & Listing:
- The issuance complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
- Shares will be listed on NSE and BSE, under ISIN INE01EA01019.
- No lock-in restrictions apply to these shares.