
Acquisitions29 Jan 2026, 06:07 pm
Marico Ltd Acquires 93.27% Stake in Zea Maize Private Limited for 4700BC Brand
AI Summary
Marico Ltd, a leading consumer products company, has completed the acquisition of 93.27% paid-up share capital of Zea Maize Private Limited. Zea Maize is the company that owns the brand '4700BC'. The acquisition was done through a definitive agreement with PVR INOX Limited. This transaction was initiated on January 26, 2026, and completed on January 29, 2026, making Zea Maize a subsidiary of Marico Ltd. This information was disclosed in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Marico Ltd acquires 93.27% stake in Zea Maize Private Limited
- Zea Maize is the owner of the brand '4700BC'
- Transaction was initiated on January 26, 2026, and completed on January 29, 2026
- Zea Maize becomes a subsidiary of Marico Ltd
- Disclosure made in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015