Marico Limited — Others, 30-05-2025: ESOP/ESOS/ESPS

Marico has announced a board meeting to allot 94,927 equity shares under its Employee Stock Option Plan, following exercise of stock options by employees. The paid-up share capital increased slightly from 1,29,58,95,772 to 1,29,59,90,699 shares of Re. 1 each. Shares were issued at exercise prices between Rs. 330.38 and Rs. 527.68 each. This allotment supports employee motivation and aligns their interests with shareholders, with minimal impact on the company’s capital structure.