Marico Limited has successfully completed the allotment of 20,639 equity shares under its Employee Stock Option Plan 2016 (ESOP 2016) on February 3, 2026.
The allotment has resulted in an increase in Marico's paid-up share capital, reflecting the company's commitment to employee participation in ownership.
The 20,639 equity shares were allotted in two separate tranches under the ESOP 2016 scheme, each with distinct exercise prices and share quantities.
The allotment complies with Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
Marico Limited has successfully completed its strategic acquisition of Zea Maize Private Limited, marking a significant expansion into the premium snacking segment.
With this acquisition, Marico has strengthened its position in the consumer goods sector by adding the 4700BC brand to its portfolio.
The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Following the completion of this transaction, Zea Maize Private Limited has officially become a subsidiary of Marico Limited.
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