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Marico allots equity shares

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Capital Market
Last Updated : Nov 21 2016 | 3:28 PM IST

Under ESOS

Marico announced that the Securities Issue Committee of the Board of Directors of the Company has vide a circular resolution passed on 21 November 2016, approved allotment of 1 lac equity shares of face value of Re. 1 each under the existing Marico Employee Stock Option Scheme, 2014.

Consequent to the aforesaid allotment, the paid up share capital of the Company has increased from 129,01,71,198 equity shares of Re. 1 each aggregating Rs. 129,01,71,198 to 129,02,71,198 equity shares of Re. 1 each aggregating Rs. 129,02,71,198.

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First Published: Nov 21 2016 | 3:09 PM IST

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