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Marico Limited ( (IN:MARICO) ) has shared an update.
Marico Limited has announced the allotment of 45,587 equity shares under its Employee Stock Option Plan (ESOP) 2016. This allotment, which resulted in a minor increase in the company’s paid-up share capital, is not considered material in nature. The shares are issued at a face value of Re. 1 each and will rank pari-passu with existing shares, reflecting Marico’s ongoing commitment to employee incentives and retention.
More about Marico Limited
Marico Limited is a prominent player in the consumer goods industry, primarily focusing on health, beauty, and wellness products. The company is known for its popular brands in hair care, skin care, edible oils, and health foods, catering to a diverse market segment.
YTD Price Performance: -5.24%
Average Trading Volume: 24,872
Current Market Cap: 778.9B INR
For detailed information about MARICO stock, go to TipRanks’ Stock Analysis page.