Marico Limited — Others, 21-08-2025: ESOP/ESOS/ESPS

Marico's board committee has approved the allotment of 9,294 new equity shares under its Employee Stock Option Plan 2016. This increases the company's paid-up share capital from approximately Rs 129.78 crore to Rs 129.79 crore. This routine issuance is part of employee incentive programs, aiming to align their interests with long-term company growth. While it slightly expands the total share base, the company has clarified this particular allotment is not material to its operations or stakeholders.