The Securities Committee of the Board of Directors of the Company vide a resolution passed on November 20, 2025, has allotted 54,074 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 54,074 equity shares of face value Re. 1 each under various ESOP 2016 schemes. These shares were allotted to eligible employees who exercised their stock options. The allotment was done via a resolution passed on November 20, 2025. This is a routine event tied to the company's employee stock option program.
This is a routine ESOP allotment with a small number of shares and is unlikely to have any meaningful impact on the stock price or existing shareholders. It signals continued employee participation in the company's stock option plans.