Vishal Mega Mart (VMM) — Board Meeting

📢 Key Event
500,000 stock options exercised, allotting 500,000 new shares at Rs. 35 per option.

🔄 What Changed
Paid-up share capital increased by Rs. 1.75 crore; total shares rose by 500,000 to 4,68,48,08,639.

💡 Investor Takeaway
The exercise dilutes existing shareholders by adding 500,000 new shares to the capital base.

Vishal Mega Mart announced that 500,000 stock options were exercised by an employee of its subsidiary, resulting in the allotment of 500,000 new equity shares at Rs. 35 per option. This increased the paid-up share capital from Rs. 46,84,30,86,390 to Rs. 46,84,80,86,390, adding 500,000 shares to the total outstanding shares. The shares are pari passu with existing equity shares and will rank equally for dividend purposes.

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About Vishal Mega Mart Limited (VMM)

Consumer Services · Retail · Listed on NSE

Market Cap: ₹50,621.76 Cr P/E: 56.7 ROE: 13.9% ROCE: 21.4%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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