Marico Ltd Announces Intra-Group Restructuring with Zed Lifestyle Private Limited

Marico Ltd, a well-known company, has announced an intra-group restructuring involving the integration of Zed Lifestyle Private Limited's business. Zed, a wholly owned subsidiary, will undergo voluntary liquidation and transfer its entire business undertaking to Marico on a going concern basis, subject to necessary approvals from board of directors, shareholders, creditors, and relevant statutory and regulatory authorities. The board of directors and shareholders of Zed have approved the voluntary liquidation, and it is expected to commence on April 1, 2026, upon creditors' consent.