Marico expands paid-up capital with new employee share allotment

Marico Limited, a leading consumer goods company, announced on December 12, 2025, the allotment of 34,423 equity shares with a face value of Re. 1 each. These shares were issued under various schemes of the Marico Employee Stock Option Plan, 2016 (ESOP 2016), to eligible grantees who exercised their stock options.

This allotment has resulted in an increase in the company’s paid-up share capital. The total equity shares increased from 1,29,80,53,236 to 1,29,80,87,659, with the aggregate value rising from Rs. 1,29,80,53,236 to Rs. 1,29,80,87,659. The company stated that all newly allotted equity shares will rank pari-passu with the existing equity shares.

The allotment details were disclosed in compliance with Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Marico clarified that this allotment is not considered material in nature to the company.