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Marico allots equity shares

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Capital Market

Under ESOS

Marico announced that the Securities Issue Committee of the Board of Directors of the Company have vide resolution passed through circulation on 15 January 2015 approved allotment of 79,000 equity shares of the Company of face value of Re. 1 each under the existing Marico Employees Stock Options Scheme, 2007.

Consequent to the above allotment, the paid up share capital of the Company has increased from 644,902,999 equity shares of Re. 1 each aggregating Rs. 644,902,999/- to 644,981,999 equity shares of Re. 1 each aggregating Rs. 644,981,999/-.

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First Published: Jan 16 2015 | 12:33 PM IST

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