MARICO LTD. - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

This is to inform you that the Securities Issue Committee of the Board of Directors of the Company vide a resolution passed on December 7, 2021, has allotted 2,50,000 equity shares of face value of Re. 1 each of the Company under Scheme II of ESOP 2016, to the eligible grantee, pursuant to exercise of stock options granted thereunder.<BR> <BR> Further, this intimation is in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, however, we wish to clarify that aforesaid allotment of shares is not material in nature to the Company. <BR> <BR> Kindly take the above on record and oblige.