The Securities Committee of the Board of Directors of the Company vide a resolution passed on February 13, 2026, has allotted 10,356 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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On February 13, 2026, the Securities Committee of Marico's Board allotted 10,356 equity shares (face value Re. 1) to eligible employees who exercised their stock options under the Marico Employee Stock Option Plan 2016. The allotment happened in three tranches at exercise prices of Rs. 372.10 (800 shares), Rs. 498.25 (5,721 shares), and Rs. 545.34 (3,835 shares). As a result, Marico's total paid-up share capital rose from Rs. 1,29,81,08,298 to Rs. 1,29,81,18,654. The company has clarified that this allotment is not material in nature, and the new shares will rank equally with existing equity shares.
The dilution is extremely small — just 10,356 shares added to a base of roughly 129.8 crore shares (about 0.0008%). This is a routine ESOP exercise with no meaningful impact on existing shareholders or the stock price.