Marico Limited has allotted 15,600 equity shares of face value of Re. 1 each under the Marico Employee Stock Option Plan, 2016 ("ESOP 2016") to eligible grantees. The allotment was approved by the Securities Committee of the Board of Directors via resolution passed on September 24, 2026.
Key Details:
- Total shares allotted: 15,600 equity shares
- Face value: Re. 1 per share
- Exercise price per share: ₹545.34
- Premium per share: ₹544.34
- Distinctive numbers: 1,30,02,03,451 to 1,30,02,04,050 (both inclusive)
- Date of issue: September 24, 2026
Capital Structure Change:
The paid-up share capital has increased as follows:
- Before allotment: 1,30,01,88,450 equity shares aggregating to ₹1,30,01,88,450
- After allotment: 1,30,02,04,050 equity shares aggregating to ₹1,30,02,04,050
Regulatory Compliance:
- The allotment is made pursuant to Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
- This intimation is in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- The company clarifies that the allotment is not material in nature
Additional Information:
- The shares rank pari-passu with existing equity shares of the Company
- No lock-in period applies to these shares
- The shares are identical in all respects to existing shares
- No listing fees are payable
- The disclosure was filed with both BSE and NSE
Historical Filings:
- ESOP plan initially filed on November 22, 2016 (BSE: DCS/IPO/ST/ESOP-IP/1479/2016-17, NSE: NSE/LIST/94948)
- Additional filing on June 14, 2022 (BSE: DCS/IPO/MJ/ESOP-IP/2396/2022-23, NSE: NSE/LIST/31428)
Company Details:
- The intimation is available on the company's website: https://marico.com/india/investors/shareholder/stock-exchange
Additional Announcements:
No additional corporate updates were included in this filing beyond the ESOP allotment disclosure.