The Securities Committee of the Borad of Directors of the Company vide a resolution passed on June 17, 2025, has allotted 6,131 equity shares of face value of Re.1/- each of the Company ....
Awaiting price reaction for this filing.
Marico Limited has allotted 6,131 equity shares of Re. 1 face value to eligible employees who exercised stock options under the Marico Employee Stock Option Plan, 2016. The shares were issued in three tranches at exercise prices of Rs. 372.10 (700 shares), Rs. 498.25 (1,800 shares), and Rs. 545.34 (3,631 shares). As a result, the total paid-up equity share capital rose marginally from 1,29,59,90,699 to 1,29,59,96,830 shares. The company clarified that this allotment is not material in nature, and the new shares carry no lock-in and rank equally with existing shares.
This is a routine ESOP exercise with negligible dilution (about 0.005% increase in share count), so it has no meaningful impact on shareholders or the stock price.