<ul><li>Meesho cofounders, Vidit Aatrey and Sanjeev Barnwal, have exercised a significant number of employee stock options.</li><li>Meesho's board allotted 20,65,211 equity shares to Aatrey and 6,59,323 shares to Barnwal under the Fashnear Technologies Private Limited ESOP 2024 Plan.</li><li>Meesho had previously announced an ESOP buyback programme worth INR 200 Cr benefiting nearly 1,700 former and current employees.</li><li>Meesho, targeting customers in Tier-II, III, and beyond cities, is planning to raise $1 Bn through its IPO with the help of advisers like Morgan Stanley, Kotak Mahindra Capital, and Citi.</li></ul>

Meesho Cofounders Exercise ESOPs Ahead Of IPO

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