The Securities Committee of the Board of Directors of the Company vide a resolution passed on May 30, 2025, has allotted 94,927 equity shares of face value of Re.1/- each of the Company ....
Awaiting price reaction for this filing.
Marico Limited has allotted 94,927 equity shares of Re. 1 each to eligible employees under its Employee Stock Option Plan 2016, following a Securities Committee resolution on May 30, 2025. The shares were issued in six tranches at varying exercise prices ranging from Rs. 330.38 to Rs. 527.68 per share. After this allotment, the company's total paid-up share capital has gone up from Rs. 1,29,58,95,772 (1,29,58,95,772 shares) to Rs. 1,29,59,90,699 (1,29,59,90,699 shares). The company has clarified that this allotment is not material in nature and the new shares carry no lock-in restrictions, ranking equally with existing shares.
This is a routine, small-scale ESOP allotment that adds less than 0.01% to the share count, so it should not meaningfully dilute existing shareholders or move the stock price. For investors, this is a standard disclosure with no action required.