Marico allots equity shares under ESOP scheme

28 Apr 2012 Evaluate

Marico has informed that the members of the corporate governance committee of the board of directors of the company have vide resolution passed through circulation on April 27, 2012 approved allotment of 135,700 equity shares of the company of the 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 61,49,34,387 equity shares of Re 1 each aggregating Rs 61,49,34,387 to 61,50,70,087 equity shares of Re 1 each aggregating Rs 61,50,70,087.

The above information is part of company’s filing submitted to the BSE.

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