Marico expands equity base with new ESOP share allotment

On September 12, 2025, Marico Limited's Securities Committee approved the allotment of 29,818 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, increasing the company’s paid-up share capital from 1,29,79,04,050 to 1,29,79,33,868 equity shares.

The new shares issued through this allotment will rank pari-passu with the existing equity shares of the company. The issue involved distinct tranches, with various exercise prices and premiums. For instance, one tranche of 40 shares had an exercise price of Rs. 346.04 and a premium of Rs. 345.04, another tranche of 2,000 shares had an exercise price of Rs. 372.10 and a premium of Rs. 371.10, and the largest tranche of 27,778 shares had an exercise price of Rs. 545.34 and a premium of Rs. 544.34.

All disclosures were made in accordance with relevant SEBI regulations. Marico clarified that this allotment is not considered material to the company.