Marico allots shares under employee stock option plan

Marico Limited announced on September 26, 2025, the allotment of 1,800 equity shares of Re. 1 each under its Employee Stock Option Plan, 2016 (ESOP 2016). This action follows a resolution passed by the securities committee of the board of directors, fulfilling stock options exercised by eligible grantees.

This allotment has increased Marico's paid-up share capital from 1,29,79,33,868 equity shares to 1,29,79,35,668 equity shares, with the aggregate value also rising from Rs. 1,29,79,33,868 to Rs. 1,29,79,35,668. The shares were issued at an exercise price of Rs. 372.10 per share, including a premium of Rs. 371.10.

The equity shares allotted will rank pari-passu with existing equity shares. The allotment, while increasing the share capital, is not considered material to the company. These details are disclosed in compliance with SEBI Regulations, 2021.