Marico Limited — Others, 25-06-2025: ESOP/ESOS/ESPS

Marico has announced a board meeting to allot 2,460 equity shares under its Employee Stock Option Plan 2016 to eligible employees following the exercise of stock options. This allotment increased the paid-up share capital marginally to 1,29,59,99,290 shares of Re. 1 each. The shares were issued at exercise prices of Rs. 346.04 and Rs. 372.10 per share under different tranches. The issuance reflects ongoing employee incentives and is not material to the company’s overall capital structure, supporting talent retention and alignment with shareholder interests.