Marico Limited

Marico Limited

Marico Limited has announced the results of its postal ballot, where a special resolution was passed to appoint Mr. Girish Paranjpe as an Independent Director of the Company, effective June 1, 2026.

Marico Limited

Marico Limited has released a quarterly update for Q1 FY 2026-27, highlighting steady demand trends, robust business growth, and a strong operating profit growth driven by investments in brand building initiatives and softening copra prices. The company expects a consolidated revenue growth in early twenties, driven by broad-based performance across its core, digital, and international businesses.

Marico Limited

Marico Limited has informed the Exchange regarding the retirement of Mr. Milind Barve as Independent Director due to persistent health issues. Mr. Barve will retire as an Independent Director with effect from August 1, 2026. The Board has appointed Mr. Girish Paranjpe as Chairman of the Audit Committee and Risk Management Committee, and Ms. Apurva Purohit as Chairperson of the Stakeholders Relationship Committee, both effective August 2, 2026.

Marico Limited

Marico Limited has completed the intra-group restructuring involving the integration of Zed Lifestyle Private Limited's business, a wholly-owned subsidiary, through voluntary liquidation and distribution of its business undertaking to Marico on a going concern basis.

Marico Limited

Marico Limited's Securities Committee allotted 11,000 equity shares on June 22, 2026, under its Employee Stock Option Plan 2016. These shares were issued to eligible grantees following the exercise of their stock options. Consequently, the company's paid-up share capital marginally increased from 1,29,83,75,399 to 1,29,83,86,399 equity shares. The company explicitly stated that this allotment is not material in nature, falling under routine compliance with SEBI regulations.