FilingReader Intelligence

Marico Allots Equity Shares Under Employee Stock Option Plan

August 21, 2025 at 02:51 PM UTCBy FilingReader AI

On August 21, 2025, Marico Limited's Securities Committee allotted 9,294 equity shares, each with a face value of Re. 1, under its Employee Stock Option Plan, 2016 (ESOP 2016). This allotment follows the exercise of stock options by eligible grantees.

Consequently, the company's paid-up share capital increased from 1,29,78,94,756 equity shares (aggregating to Rs. 1,29,78,94,756) to 1,29,79,04,050 equity shares (aggregating to Rs. 1,29,79,04,050). The company stated that all new shares rank pari-passu with existing equity shares. This intimation was made in accordance with SEBI Regulations, though Marico clarified the allotment is not material to the company.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:MARICOBombay Stock Exchange

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