Marico approves allotment of equity shares

16 Jan 2013 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 January 15, 2013 approved allotment of 5,000 equity shares of the company of the face value of Rs. 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 64,47,07,599 equity shares of Rs. 1 each aggregating Rs. 64,47,07,599 to 64,47,12,599 equity shares of Rs. 1 each aggregating Rs. 64,47,12,599.

The above information is a part of company’s filings submitted to BSE.

Marico Share Price

628.25 -12.70 (-1.98%)
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