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HomeNewsBusinessMarketsMarico Allots 29,818 Equity Shares Under ESOP 2016

Marico Allots 29,818 Equity Shares Under ESOP 2016

Marico Allots 29,818 Equity Shares Under ESOP 2016

September 12, 2025 / 17:18 IST
Disclaimer This is an AI-assisted live blog with updates sourced from multiple news outlets and agencies Disclaimer

Marico has announced the allotment of 29,818 equity shares under its Employee Stock Option Plan 2016 (ESOP 2016). The Securities Committee of the Board of Directors approved the allotment on September 12, 2025.

The allotment involves 29,818 equity shares, each with a face value of Re. 1, to eligible grantees under various schemes of ESOP 2016, following the exercise of stock options.

Consequently, the company's paid-up share capital has increased as follows:

Paid-up Share Capital
ParticularsFromTo
Equity Shares1,29,79,04,050 shares of Re. 1 each aggregating to Rs. 1,29,79,04,0501,29,79,33,868 shares of Re. 1 each aggregating to Rs. 1,29,79,33,868

The company has confirmed that the allotment of shares is not material in nature. Details of the shares allotted are provided in Annexure I to III, in accordance with Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

This information is available on the company's website.

The company's shares issued under the ESOP 2016 scheme are listed on the following stock exchanges:

  • BSE Limited
  • National Stock Exchange of India Limited

Details of the shares issued are as follows:

Details of Shares Issued
ParticularsESOP 2016
Kind of security to be listedEquity shares
Par value of the sharesRe. 1
Date of issue of sharesSeptember 12, 2025
Number of shares issued40
Exercise price per shareRs. 346.04
Premium per shareRs. 345.04
Total shares issued after this issue1,29,79,04,090
Total issued share capital after this issue1,29,79,04,090/-
Details of Shares Issued
ParticularsESOP 2016
Number of shares issued2,000
Exercise price per shareRs. 372.10
Premium per shareRs. 371.10
Total shares issued after this issue1,29,79,06,090
Total issued share capital after this issue1,29,79,06,090/-
Details of Shares Issued
ParticularsESOP 2016
Number of shares issued27,778
Exercise price per shareRs. 545.34
Premium per shareRs. 544.34
Total shares issued after this issue1,29,79,33,868
Total issued share capital after this issue1,29,79,33,868/-

All equity shares of the Company allotted pursuant to exercise of stock options shall rank pari-passu with the existing equity shares of the Company.

Alpha Desk
first published: Sep 12, 2025 05:18 pm

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