Marico Ltd allots 79000 Shares under Marico's ESOS Scheme

The Securities Issue Committee of the Board of Directors of Marico Ltd have vide resolution passed through circulation on January 15, 2015 approved allotment of 79,000 equity shares of the Company of 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 644,902,999 equity shares of Re. 1 each aggregating Rs. 644,902,999/- to 644,981,999 equity shares of Re. 1 each aggregating Rs. 644,981,999/-.

Shares of MARICO LTD. was last trading in BSE at Rs.351.5 as compared to the previous close of Rs. 355.25. The total number of shares traded during the day was 160906 in over 5800 trades.

The stock hit an intraday high of Rs. 361.2 and intraday low of 348.6. The net turnover during the day was Rs. 57169115.

Source : Equity Bulls

Keywords