Marico Limited allotted a total of 54,734 equity shares of face value Re. 1 each under the Marico Employee Stock Option Plan, 2016 (ESOP 2016) on June 9, 2026. The allotment was made to eligible grantees pursuant to the exercise of stock options.
The allotment consisted of two distinct tranches with different terms:
Tranche 1 (Annexure I):
- Number of shares allotted: 50,432
- Exercise price per share: Re. 1
- Premium per share: Nil
- Distinctive numbers: 1,29,83,20,666 to 1,29,83,71,097 (inclusive)
Tranche 2 (Annexure II):
- Number of shares allotted: 4,302
- Exercise price per share: ₹506.17
- Premium per share: ₹505.17
- Distinctive numbers: 1,29,83,71,098 to 1,29,83,75,399 (inclusive)
Change in Paid-up Share Capital:
Consequent to the allotment, the paid-up share capital of the Company increased from 1,29,83,20,665 equity shares (aggregating to ₹1,29,83,20,665) to 1,29,83,75,399 equity shares (aggregating to ₹1,29,83,75,399).
Compliance and Listing Details:
- The allotment was made pursuant to Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
- The intimation is also in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- The company clarified that the allotment is not material in nature
- ISIN Number: INE196A01026
- All allotted shares rank pari-passu with the existing equity shares of the Company
- No lock-in restrictions apply to these shares
- The shares are listed on BSE Limited and National Stock Exchange of India Limited
Filing History:
The statement referred to in regulation 10(b) of SEBI SBEB Regulations was 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:
No additional corporate announcements were included in this filing beyond the ESOP allotment details.