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Marico Limited ( (IN:MARICO) ) has shared an announcement.
Marico Limited has announced the allotment of 63,494 equity shares under its Employee Stock Option Plan (ESOP) 2016, following the exercise of stock options by eligible grantees. This allotment has resulted in a slight increase in the company’s paid-up share capital. While this development is not considered material to the company’s overall financial position, it reflects Marico’s ongoing commitment to employee engagement and retention through stock-based incentives.
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 wide range of products, including hair care, skin care, edible oils, and health foods, catering to a diverse market segment.
Average Trading Volume: 56,565
Technical Sentiment Signal: Buy
Current Market Cap: 933.3B INR
Find detailed analytics on MARICO stock on TipRanks’ Stock Analysis page.