The Securities Committee of the Board of Directors of the Company vide its resolution passed on September 26, 2025, has allotted 1,800 equity shares of face value of Re. 1 each of the Company under a Scheme of ESOP 2016, to the eligible grantee, pursuant to exercise of stock options granted thereunder.
MARICO · price
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Marico's Securities Committee allotted 1,800 equity shares (face value Re. 1) to an eligible employee under the company's ESOP 2016 scheme on September 26, 2025. The exercise price was Rs. 372.10 per share, which includes a premium of Rs. 371.10. As a result, the company's paid-up share capital rose marginally from Rs. 1,29,79,33,868 to Rs. 1,29,79,35,668. The company clarified that this allotment is not material in nature.
This is a routine, small-scale ESOP allotment with negligible dilution (1,800 shares out of ~129.79 crore). No meaningful impact on shareholders or stock price; shares will rank pari-passu with existing equity shares.