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BSE SENSEX
63,142.96
+350.08
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Corporate Announcement
Security Code
531642
Company
Marico Ltd
Exchange Received Time
24/03/2023 15:13:22
Exchange Disseminated Time
24/03/2023 15:13:22
Time Taken
00:00:00
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS |
3/24/2023 3:13:22 PM
This is to inform you that the Securities Issue Committee of the Board of Directors of the Company vide a resolution passed on March 24, 2023, has allotted 26,680 equity shares of face value of Re. 1 each of the Company under various Schemes of ESOP 2016, to the eligible grantees, pursuant to exercise of stock options granted thereunder. In terms of Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 ('SEBI Regulations'), the details of shares allotted as above are given in Annexures I to V to this intimation. Further, this intimation is in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, however, we wish to clarify that aforesaid allotment of shares is not material in nature to the Company.
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