Marico allots new equity shares under employee stock option plan

Marico Limited's Securities Committee has approved the allotment of 54,074 new equity shares, each with a face value of Re. 1, on November 20, 2025. This allotment was made under various schemes of the Marico Employee Stock Option Plan, 2016 (ESOP 2016), following the exercise of stock options by eligible employees.

As a result of this allotment, the company's paid-up share capital has increased from 1,29,79,35,668 equity shares (aggregating to Rs. 1,29,79,35,668) to 1,29,79,89,742 equity shares (aggregating to Rs. 1,29,79,89,742). These newly issued shares will rank pari-passu with existing equity shares.

The allotment comprises shares issued at varying exercise prices: Re. 1, Rs. 346.04, Rs. 372.10, Rs. 520.96, and Rs. 545.34. The company stated that this allotment is not material in nature and complies with SEBI regulations.