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Corporate News

Marico Limited allotted shares to WEOMA Trust and grantees under its ESOP 2016 plan
08-Sep-2026, 05:19

Marico Limited announced the allotment of 18,00,000 equity shares to the Welfare of Mariconians Trust (“WEOMA Trust”) and 600 equity shares to an eligible grantee, pursuant to the exercise of stock options under the Marico Employee Stock Option Plan, 2016 (“ESOP 2016”), on September 8, 2026. The allotment increased the company’s paid-up share capital from 1,29,83,87,850 equity shares to 1,30,01,88,450 equity shares, and the exercise price for shares allotted to the WEOMA Trust was Rs 802.50 per share.