MARICO LTD.

Marico Ltd provided an update on its operating performance and demand trends for the quarter ended June 30, 2026 (Q1 FY27). The company expects consolidated revenue to grow in the early twenties, driven by strong performance across its core, digital, and international businesses. The India business showed accelerated growth with double-digit underlying volume growth, its highest in several quarters. Parachute Coconut Oil achieved double-digit volume growth, while Saffola Oils saw mid-single digit price-led revenue growth with volume decline due to supply rationalization. Value Added Hair Oils grew revenues in the twenties. The international business posted mid-teens constant currency growth. Gross margin is expected to improve sequentially due to a significant correction in copra prices. Investments in brand building accelerated, and the company anticipates strong operating profit growth. Marico remains confident in achieving its full-year aspirations.

Marico Ltd announced the retirement of Independent Director Mr. Milind Barve (DIN: 00087839) effective August 1, 2026, upon completion of his term. Mr. Barve cited persistent health issues as the reason for not seeking re-appointment. Consequently, he will step down from his roles as Lead Independent Director, Chairman of the Audit Committee, Risk Management Committee, and Stakeholders Relationship Committee, and as a Member of the Corporate Social Responsibility Committee. The Board has appointed Mr. Girish Paranjpe as the new Chairman of the Audit Committee and Risk Management Committee, and Ms. Apurva Purohit as the new Chairperson of the Stakeholders Relationship Committee, both effective August 2, 2026. The company expressed gratitude for Mr. Barve's contributions.

Marico Limited has announced the completion of an intra-group restructuring involving the integration of its wholly-owned subsidiary, Zed Lifestyle Private Limited. The business undertaking of Zed has been distributed to Marico on a going concern basis, effective June 29, 2026, following its voluntary liquidation. The company will initiate steps to obtain approval from the National Company Law Tribunal (NCLT), Ahmedabad, for the dissolution of Zed. This move consolidates Zed's business operations directly into Marico.

Marico Ltd has been informed by ESG Risk Assessments & Insights Limited, a SEBI registered ESG Rating Provider, that the company has received an ESG score of 68, indicating a 'Strong' rating. This assessment was conducted independently by the rating provider without prior engagement from Marico. The company has made this intimation available on its investor relations website.

Marico Ltd has launched Parachute Advansed Protein Shampoo, marking its entry into the hair cleansing segment. This move extends the Parachute Advansed brand into a new category, leveraging its strong equity in haircare. The shampoo range features coconut milk and natural ingredients, targeting the ₹10,000+ crore shampoo market, which is growing at 9–10% annually. The product range includes eight variants in multiple sizes, with an entry-level sachet priced at Re. 1.

Marico Ltd's board approved the audited standalone and consolidated financial results for the year ended March 31, 2026. A final dividend of ₹4.00 per equity share has been recommended, subject to shareholder approval at the 38th AGM scheduled for August 6, 2026. The record date for the dividend is July 30, 2026, and payment will be made on or before September 5, 2026. The board meeting was held on May 5, 2026.

Marico Ltd's board approved the audited financial results for FY26 and recommended a final equity dividend of ₹4.00 per share, subject to shareholder approval at the AGM. The record date for the dividend is July 30, 2026, and payment will be made on or before September 5, 2026. The 38th AGM will be held on August 6, 2026, via video conferencing.

Marico Ltd's Board of Directors, in its meeting on May 5, 2026, recommended a final equity dividend of ₹4 per share for the financial year 2025-26, subject to shareholder approval at the 38th Annual General Meeting (AGM). The record date for the dividend is set for July 30, 2026, and payment will be made on or before September 5, 2026, if approved. The board also approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, and approved convening the 38th AGM on August 6, 2026.

Marico Ltd has appointed Mr. Girish Paranjpe (DIN: 02172725) as an Additional Director in the capacity of Independent Director for a term of 5 consecutive years from June 1, 2026, to May 31, 2031. The appointment is based on the recommendation of the Nomination and Remuneration Committee and is subject to shareholder approval via postal ballot. Mr. Paranjpe is not related to any of the company's directors and is not debarred from holding the office of Director. He has over 35 years of experience and was previously Joint-CEO of Wipro's IT business and is currently Non-Executive Independent Chairman of Mphasis Limited.

Marico Ltd has announced its audited consolidated financial results for the quarter and financial year ended March 31, 2026. The information update and earnings presentation are available on the company's website. The release includes a safe harbor statement regarding forward-looking statements, cautioning that actual results may vary due to various risks and uncertainties.