MARICONSEMarico Limited· Personal CareLowNeutral
Announced Thu, 21 Aug · 20:01 IST

This is to inform you that the Securities Committee of the Board of Directors of the Company vide a resolution passed on August 21, 2025, has allotted 9,294 equity shares of face value of Re. 1 each of the Company under various Schemes of Marico Employee Stock Option Plan, 2016, to the eligible grantees, pursuant to exercise of stock options granted thereunder.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Marico's Securities Committee allotted 9,294 equity shares of Re. 1 face value on August 21, 2025, under the Marico Employee Stock Option Plan, 2016, after eligible employees exercised their stock options. The shares were issued in four tranches with exercise prices of Rs. 346.04, Rs. 451.56, Rs. 498.25, and Rs. 545.34 per share. As a result, the company's paid-up share capital increased marginally from 1,29,78,94,756 to 1,29,79,04,050 equity shares. The newly issued shares rank equally with existing shares, carry no lock-in, and the company has stated that this allotment is not material in nature.

Likely market impact

This is a routine ESOP exercise with negligible dilution (9,294 shares is a tiny fraction of the ~129.79 crore total share base). No material impact on share price or shareholder value is expected.