Metro Brands allots 2,025 equity shares under ESOP 2008
Metro Brands (BSE: 543426) announced the allotment of 2,025 equity shares under its Metro Stock Option Plan 2008 ("ESOP 2008") on June 18, 2025. The Share Allotment and Transfer Committee of the Board of Directors approved the allotment of shares with a face value of INR 5 each to eligible grantees exercising their options. Following this allotment, the company's paid-up share capital increased from INR 1,361,417,055 (consisting of 272,283,411 equity shares) to INR 1,361,427,180 (consisting of 272,285,436 equity shares). The shares were issued at exercise prices of INR 228 for 1,775 shares and INR 544.80 for 250 shares, including a premium per share of INR 223 and INR 539.80, respectively. Metro Brands confirmed that these shares are identical in all respects to existing shares and that the details of the allotment have been submitted to both the BSE and NSE as per SEBI regulations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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