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Marico Limited has allotted 18,26,069 equity shares of Re. 1 each to the Welfare of Mariconians Trust. This allotment facilitates cashless exercise for eligible employees under the Marico Employee Stock Option Plan, 2016. Consequently, the company's paid-up share capital has increased from approximately Rs 129.60 Cr to Rs 129.78 Cr. This strategic move expands the share base slightly, aligning employee incentives with company performance and supporting employee retention.