Marico Limited — Others, 17-06-2025: ESOP/ESOS/ESPS

Marico has announced a board meeting to approve the financial results for the quarter and half-year. The company allotted a total of 6,131 equity shares under its Employee Stock Option Plan, 2016, increasing the paid-up share capital from 1,29,59,90,699 to 1,29,59,96,830 equity shares of Re. 1 each. These shares were issued at different exercise prices ranging from Rs. 372.10 to Rs. 545.34 per share. The allotment recognizes employee stock option exercises and reflects ongoing employee incentivization without material impact on the company’s capital structure.