Marico (MARICO) — Announcement

Marico Limited has acquired 93.27% stake in Zea Maize Private Limited for ₹226.83 crores in cash, gaining control of 4700BC, a premium gourmet snacking brand. The acquisition, expected to close within 30 days, expands Marico's packaged foods portfolio with an innovative snacking platform. Zea Maize generated ₹98.66 crores in FY 2024-25 turnover. The founder retains remaining equity and operational leadership. This strategic move strengthens Marico's presence in fast-growing value-added food categories.

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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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