The Securities Committee of the Board of Directors of the Company vide a resolution passed on May 21, 2025, has allotted 57,847 equity shares of face value of Re. 1 each of the Company under various Schemes of ESOP 2016, to the eligible grantee, pursuant to exercise of stock options granted thereunder.
MARICO · price
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Marico Limited has allotted 57,847 equity shares of face value Re. 1 each to eligible employees who exercised their stock options under the Marico Employee Stock Option Plan 2016 (ESOP 2016). The Securities Committee of the Board approved this allotment on May 21, 2025. As a result, the paid-up share capital increased from Rs. 1,29,58,37,925 to Rs. 1,29,58,95,772. Exercise prices across the four schemes varied from Rs. 1 to Rs. 545.34 per share. The new shares rank equally with existing equity shares and carry no lock-in restrictions.
This is a routine ESOP allotment resulting in negligible dilution (~0.004% increase in share count). No material impact on shareholders or stock price is expected.