Marico Limited has completed the allotment of 20,639 equity shares under its Employee Stock Option Plan 2016 (ESOP 2016) on February 3, 2026. The Securities Committee of the Board of Directors approved this allotment through a resolution passed on the same date, with shares being allocated to eligible grantees who exercised their stock options.

Share Capital Enhancement

The allotment has resulted in an increase in Marico's paid-up share capital, reflecting the company's commitment to employee participation in ownership.

Allotment Details

The 20,639 equity shares were allotted in two separate tranches under the ESOP 2016 scheme, each with distinct exercise prices and share quantities.

First Tranche Allocation

Second Tranche Allocation

Regulatory Compliance

The allotment complies with Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The company has filed the necessary disclosures with both BSE Limited and the National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Marico clarified that this allotment is not material in nature to the company. All newly allotted equity shares carry the same rights and rank pari-passu with existing equity shares of the company. The shares have been issued in dematerialized form under ISIN number INE196A01026, with no lock-in restrictions applicable.

Marico Limited has successfully completed its strategic acquisition of Zea Maize Private Limited, marking a significant expansion into the premium snacking segment. The transaction, completed on January 29, 2026, involved acquiring a 93.27% stake in the company that owns the popular 4700BC brand.

Transaction Details

The acquisition follows definitive agreements that Marico entered into on January 26, 2026, with PVR INOX Limited as the selling party. The completion of this transaction has resulted in Zea Maize becoming a subsidiary of Marico Limited.

Strategic Implications

With this acquisition, Marico has strengthened its position in the consumer goods sector by adding the 4700BC brand to its portfolio. The 4700BC brand is known for its premium popcorn and snacking products, representing Marico's strategic move to diversify its product offerings beyond traditional personal care and food products.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Marico has made the transaction details available on its official website and informed both BSE Limited and The National Stock Exchange of India Limited about the completion of the acquisition.

Corporate Structure Impact

Following the completion of this transaction, Zea Maize Private Limited has officially become a subsidiary of Marico Limited. This change in corporate structure will enable Marico to leverage its distribution network and marketing expertise to further develop the 4700BC brand in the competitive snacking market.