Marico Limited — Others, 10-02-2025: ESOP/ESOS/ESPS

Marico's Securities Issue Committee has allotted 1,29,941 equity shares under the Employee Stock Option Plan, 2016. Following this issuance, the paid-up share capital has risen from ₹1,29,52,49,082 to ₹1,29,53,79,023. This move may enhance employee motivation and align interests, potentially driving performance. Although the allotment is not deemed material, it reflects Marico's focus on employee engagement. Investors might view this as a positive outlook for long-term growth, albeit with a slight dilution effect from the equity issuance.