Marico (MARICO) — Announcement

1 Announcement 🔴 High Importance ✨ Positive 📄 PDF

Marico Limited completed the acquisition of the remaining 46.02% equity stake in HW Wellness Solutions Private Limited (True Elements) on October 17, 2025, achieving 100% ownership. The company previously held 53.98% and announced the definitive agreement on September 11, 2025. True Elements is now a wholly owned subsidiary, consolidating Marico's control over the premium wellness brand.

2 Announcement Neutral 📄 PDF

Marico Limited received a ₹1,00,000 penalty from FSSAI under Section 52 of the Food Safety and Standards Act, 2006, on October 17, 2025. The penalty relates to alleged misbranding of product samples at a retail store in a matter from 2016, with adjudication proceedings held July 30, 2025. The company states there is no material financial or operational impact and reserves the right to appeal.

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About Marico Limited (MARICO)

Fast Moving Consumer Goods · Agricultural Food & other Products · Listed on NSE

Market Cap: ₹1,09,206.85 Cr P/E: 67.8

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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