Metro Brands Ltd has allotted 5,113 equity shares under its Metro Stock Option Plan (ESOP 2008), as disclosed in a regulatory filing on June 18, 2025. These shares have a face value of ₹5 each, contributing to an increase in the company’s paid-up capital to ₹1,361.45 crore.
This allotment reflects Metro Brands’ ongoing commitment to its employee stock option plan, aiming to incentivize and retain talent within the company. The increase in paid-up capital signifies a strengthening of the company’s equity base, potentially enhancing its financial stability and growth prospects.