Metro Brands allots shares under ESOP 2008

Metro Brands Limited announced the allotment of 39,771 equity shares under its Metro Stock Option Plan (ESOP 2008) to eligible grantees who exercised their options. This allotment, approved by the Share Allotment and Transfer Committee on December 11, 2025, increases the company's paid-up share capital from INR 1,36,19,71,100 to INR 1,36,21,69,955. This corresponds to an increase in total equity shares from 27,23,94,220 to 27,24,33,991, with each share valued at INR 5.

The exercise prices for these shares varied, including INR 228 for 36,471 equity shares, INR 391.46 for 2,000 equity shares, INR 409.70 for 1,000 equity shares, and INR 649.95 for 300 equity shares. Consequently, the premium per share ranged from INR 223 to INR 644.95 across these different tranches.

The company clarified that these new shares are identical to existing shares and that the allotment is not considered material. The shares issued under ESOP 2008 are not subject to any lock-in period. Metro Brands Limited is listed on both the BSE Limited and the National Stock Exchange of India Limited.