The Securities Committee of the Board of Directors of the Company vide a resolution passed on May 8, 2026, has allotted 1,55,183 equity shares of face value of Re.1 each of the Company ....
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Marico's Securities Committee allotted 1,55,183 equity shares (face value Re. 1 each) on May 8, 2026, to eligible employees who exercised stock options under the Marico Employee Stock Option Plan, 2016. The allotment was split across three tranches: 1,46,183 shares at Re. 1 exercise price, 3,000 shares at Rs. 498.25, and 6,000 shares at Rs. 506.17. This increased the company's paid-up share capital marginally from Rs. 129.81 crore to Rs. 129.83 crore. The company explicitly stated this allotment is not material in nature.
Minimal impact on shareholders. The dilution is negligible (0.012% increase in share count), and no new capital was raised as this represents employee option exercises.