Metro Brands allots shares under employee stock option plan
Metro Brands Limited has announced the allotment of 15,697 equity shares of ₹5 each under its Metro Stock Option Plan ("ESOP 2008"). This allotment, approved by the board of directors on October 13, 2025, follows the exercise of options granted to eligible employees.
This action boosts the company's total issued shares to 272,345,159, with a total issued share capital of ₹1,361,725,795. The exercise price for these shares was ₹228 per share, resulting in a premium of ₹223 per share.
The allotment increases the company's paid-up share capital from ₹1,361,647,310 to ₹1,361,725,795. The shares are identical in all respects to existing shares and have no lock-in period. The company clarified that this allotment is not material in nature but is being reported in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The equity shares are listed on BSE Limited (BSE) and National Stock Exchange of India Limited (NSE), with the ISIN Number INE317101021 for shares issued in Demat.
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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