The Securities Committee of the Board of Directors of the Company vide a resolution passed on February 3, 2026, has allotted 20,639 equity shares of face value of Re. 1 each of the Company under various Schemes of ESOP 2016, to the eligible grantees, pursuant to exercise of stock options granted thereunder.
MARICO · price
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Marico Limited's Securities Committee has allotted 20,639 equity shares of Re. 1 face value to eligible employees under the company's ESOP 2016 schemes. The allotment was done on February 3, 2026, following the exercise of stock options that were previously granted to these employees. This is a routine employee stock option exercise resulting in a small issuance of new shares, which will lead to a marginal increase in the total outstanding share count of the company.
This is a minor, routine corporate action with negligible impact on shareholders. The dilution from 20,639 shares is very small relative to Marico's overall share base, so it is unlikely to affect the stock price meaningfully.