Marico Limited allotted a total of 18,00,600 equity shares of face value Re. 1 each under the Marico Employee Stock Option Plan, 2016 (ESOP 2016) on September 8, 2026. The allotment was made in two parts:

  • 18,00,000 equity shares were allotted to the Welfare of Mariconians Trust (WEOMA Trust), represented by IDBI Trusteeship Services Limited, for implementing the facility of cashless exercise by eligible employees.
  • 600 equity shares were allotted to an eligible grantee pursuant to the exercise of stock options.

Exercise Prices and Premium:

  • Shares allotted to WEOMA Trust: Issue price of ₹802.50 per share (Premium of ₹801.50)
  • Shares allotted to eligible grantee: Exercise price of ₹545.34 per share (Premium of ₹544.34)

Change in Paid-up Share Capital:

  • Before Allotment: 1,29,83,87,850 equity shares aggregating to ₹1,29,83,87,850
  • After Allotment: 1,30,01,88,450 equity shares aggregating to ₹1,30,01,88,450
  • Net Increase: 18,00,600 equity shares (₹18,00,600)

Distinctive Numbers:

  • 600 shares: 1,29,83,87,851 to 1,29,83,88,450
  • 18,00,000 shares: 1,29,83,88,451 to 1,30,01,88,450

ISIN and Listing: ISIN INE196A01026. The shares are listed on BSE Limited and National Stock Exchange of India Limited. All allotted shares rank pari-passu with existing equity shares of the Company. No lock-in restrictions apply to these shares.

Compliance: This allotment and intimation are made under:

  • Regulation 10(c) of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
  • Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Historical Filings: The original statements for ESOP 2016 were filed with:

  • BSE: DCS/IPO/ST/ESOP-IP/1479/2016-17 (November 22, 2016) and DCS/IPO/MJ/ESOP-IP/2396/2022-23 (June 14, 2022)
  • NSE: NSE/LIST/94948 (November 22, 2016) and NSE/LIST/31428 (June 14, 2022)

Additional Announcements:

The filing also serves as a compliance disclosure to the stock exchanges regarding the share allotment. The intimation is available on the company's website at https://marico.com/india/investors/shareholder/stock-exchange.