Shoppers Stop has informed that the Nomination Remuneration & Corporate Governance Committee (NRCGC) of the Company at its meeting held today i.e. January 14, 2025 has collectively allotted total 48,438 equity shares as follows: a) Total 16,537 equity shares of Rs 5 each, on account of exercise of vested Employee Stock Options by employees under Shoppers Stop Employees Stock Option Plan 2020 (ESOP 2020 Scheme). b) Total 31,901 equity shares of Rs 5 each, on account of exercise of vested Employee Stock Options by employees under Shoppers Stop Employees Stock Option Plan 2022 (ESOP 2022 Scheme). Post allotment of these shares, the share capital of the Company stands increased to Rs 55,02,95,405 divided into 11,00,59,081 shares of Rs 5 each. The details as required under Regulation 10(c) of Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (SBEB & SE) are given in ‘Annexure -I’ to this intimation. The NRCGC commenced at 11.30 am and concluded at 12.55 pm.
The above information is a part of company’s filings submitted to BSE.
