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Marico Allots 29,818 Equity Shares Under ESOP 2016

Marico Allots 29,818 Equity Shares Under ESOP 2016

September 12, 2025 / 17:18 IST
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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.

 

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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.