The Securities Committee of the Board of Directors of the Company vide a resolution passed on September 12, 2025, has allotted 29,818 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's Securities Committee allotted 29,818 equity shares of face value Re.1 each under the company's ESOP 2016 schemes on September 12, 2025. These shares were issued to eligible employees who exercised their stock options. This is a routine employee stock option exercise and allotment. The number of shares is small relative to Marico's overall share base and is part of ongoing ESOP grants.
This is a routine, small-scale ESOP allotment with no material impact on share price or shareholder value. It signals normal employee compensation activity rather than any corporate action of concern.