Key Quantitative Figures
- Number of shares allotted: 1,451 equity shares of face value ₹1 each
- Exercise price per share: ₹520.96
- Premium per share: ₹519.96
- Pre-allotment paid-up capital: 1,29,83,86,399 equity shares (₹129,83,86,399)
- Post-allotment paid-up capital: 1,29,83,87,850 equity shares (₹129,83,87,850)
- Increase in share capital: 1,451 shares (₹1,451)
- Distinctive numbers: 1,29,83,87,104 to 1,29,83,87,850 (both inclusive)
Parties Involved
- Regulatory bodies: BSE Limited, National Stock Exchange of India Limited
- Committee: Securities Committee of the Board of Directors
- Compliance officer: Vinay M A, Company Secretary & Compliance Officer
Purpose/Rationale
Allotment was made to eligible grantees pursuant to exercise of stock options granted under various Schemes of ESOP 2016.
Financial Impact
- The company explicitly states that the allotment "is not material in nature to the Company"
- Minimal increase in share capital from ₹129,83,86,399 to ₹129,83,87,850
- The shares rank pari-passu with existing equity shares
Additional Details
- Filing numbers: BSE: DCS/IPO/ST/ESOP-IP/1479/2016-17 and DCS/IPO/MJ/ESOP-IP/2396/2022-23; NSE: NSE/LIST/94948 and NSE/LIST/31428
- No lock-in restrictions apply to these shares
- No share certificates issued (demat only)
- No listing fees payable for this allotment
- Document available on company website: https://marico.com/india/investors/shareholder/stock-exchange