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BSE SENSEX
73,651.35
+655.04
+0.90 %
Corporate Announcement
Security Code
531642
Company
Marico Ltd
Exchange Received Time
18/09/2020 11:42:25
Exchange Disseminated Time
18/09/2020 11:42:33
Time Taken
00:00:08
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS |
9/18/2020 11:42:27 AM
This is to inform you that the Securities Issue Committee of the Board of Directors of the Company vide a resolution passed by circulation on September 17, 2020, has issued and allotted 11,640 equity shares of face value of Re. 1 each of the Company under Scheme IV of ESOP 2016 to the eligible grantees under the said Plan, pursuant to exercise of stock options granted thereunder.
In terms of Regulation 10(c) of the SEBI (Share Based Employee Benefits) Regulations, 2014 ('SEBI SBEB Regulations'), the details of shares allotted as above are given in Annexure I & II 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.
Kindly take the above on record and oblige.
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