Marico Allots 1,55,183 Equity Shares Under ESOP 2016, Paid
Marico Limited's Securities Committee allotted 1,55,183 equity shares of face value Re. 1 each under ESOP 2016 on May 8, 2026, pursuant to the exercise of stock options by eligible grantees. The allotment was executed across three tranches with exercise prices of Re. 1, Rs. 498.25, and Rs. 506.17 per share respectively. As a result, the company's paid-up share capital increased from 1,29,81,48,935 equity shares to 1,29,83,04,118 equity shares of Re. 1 each. The company clarified that the allotment is not material in nature, and all newly allotted shares rank pari-passu with existing equity shares.
