This is to inform you that the Securities Committee of the Board of Directors of the Company vide a resolution passed on May 27, 2026, has allotted 16,547 equity shares of face value of ....
MARICO · price
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Marico's Securities Committee has allotted 16,547 equity shares of Re. 1 face value each to eligible employees who exercised their stock options under ESOP 2016. The exercise price was Re. 1 per share with a premium of Rs. 505.17 per share. The paid-up share capital increased marginally from 1,29,83,04,118 shares to 1,29,83,20,665 shares. The company has clarified that this allotment is not material in nature and does not carry any lock-in restrictions. The new shares rank pari-passu with existing equity shares.
Negligible dilution for existing shareholders - the 16,547 new shares represent only about 0.001% of total shares outstanding. No material impact on stock price expected.