Announced Mon, 22 Jun · 20:13 IST
Marico allots 11,000 shares under ESOP 2016 to employees
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MARICO · price
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Price reaction · full curve 14 horizons · vs prior close
+0.9%1-day move
₹811.85
prior close
₹816.70
base price
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AI summary
Marico allotted 11,000 equity shares of Re.1 face value on June 22, 2026 under its ESOP 2016 plan to eligible employees upon stock option exercise. Of these, 10,000 shares were at Re.1 exercise price, 700 at Rs.498.25, and 300 at Rs.545.34. Total paid-up equity share capital increased to about Rs.129.84 crore. The company stated this allotment is not material in nature.
Likely market impact
Minor dilution from ESOP exercise; company says not material. No meaningful impact on shareholders or stock price expected.