Consumer goods giant Marico gives 10,390 shares to employees who held ESOPs

Consumer goods giant Marico gives 10,390 shares to employees who held ESOPs

After this allotment, the paid-up share capital of the Parachute hair oil maker stands at Rs. 1,29,30,29,778.

FPJ Web DeskUpdated: Thursday, February 16, 2023, 09:40 PM IST
article-image
Marico is the firm behind popular hair oil brands. |

According to a regulatory filing, consumer goods maker Marico has alloted 10,390 shares at a face value of Rs 1 each to employees to exercised their stock options.

The issue of these shares for grantees of ESOPs, has taken the paid-up share capital of the hair oil maker to Rs. 1,29,30,29,778.