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Vishal Mega Mart has announced allotment of 1.37 crore equity shares to employees under its 2019 ESOP plan at exercise prices ranging from Rs. 10 to Rs. 35 per share. This has increased the paid-up share capital to Rs. 4,661.37 Cr across 466.14 crore shares. The new shares carry the same rights as existing shares, enhancing employee ownership without any lock-in restrictions. This move aligns employee incentives with company performance and supports retention, positively impacting shareholder interests.