The Securities Committee of the Board of Directors of the Company vide a resolution passed on December 2, 2025, has allotted 63,494 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 allotted 63,494 equity shares of Re. 1 face value on December 2, 2025, under various ESOP 2016 schemes. These shares were allotted to eligible employees who exercised their stock options. This is a routine action tied to the company's employee stock option programme. The allotment increases the total issued share capital marginally. ESOP allotments are part of the company's ongoing employee compensation framework.
Minor dilution for existing shareholders due to fresh share issuance to employees. This is a routine corporate action with no material impact on stock price or business fundamentals.