Marico files Business Responsibility and Sustainability Report for FY26

Marico Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 with the stock exchanges. The filing, submitted on July 9, 2026, includes an Independent Assurance Statement from Bureau Veritas (India) Private Limited, which provided reasonable assurance on the BRSR Core disclosures. The report outlines the company's progress against its ESG 2030 Roadmap, focusing on areas such as climate change, water stewardship, and circular economy.

The company reported a reduction in greenhouse gas (GHG) emissions intensity of 89.3% compared to the baseline. Renewable energy accounted for 77.3% of the total energy consumed during the year. Marico also achieved 100% operational water footprint offset through rain-water potential creation and certified two manufacturing units as Zero Liquid Discharge (ZLD) facilities. In terms of waste management, the company ensured 100% Extended Producer Responsibility (EPR) compliance and maintained two units with Zero Waste to Landfill (ZWL) certification.

Environmental Performance

The report details significant environmental metrics for FY26. The total Scope 1 and Scope 2 emissions stood at 7,882.8 MtCO2e, while Scope 3 emissions were recorded at 559,942 MtCO2e. Water consumption totalled 124,872.5 kilolitres, with an intensity of 13.28 kilolitres per crore of turnover. The company generated 3,716.704 metric tonnes of waste, of which 688.349 metric tonnes were plastic waste. A total of 27,191 metric tonnes of post-consumer waste were collected and recycled under the Extended Producer Responsibility program.

Social and Governance Metrics

On the social front, Marico reported a gender diversity of 25.1% at the managerial level and an inclusion index of 82. The company recorded zero fatalities and a Lost Time Injury Frequency Rate (LTIFR) of 0 for employees. The gross wages paid to females constituted 20% of the total wages. The company also engaged 2.05 lakh farmers in its sustainable agriculture program, with 87% belonging to the small and marginal farmer category.

Parameter	FY 2025-26	FY 2024-25
Energy Consumption (GJ)	190,741.9	204,615.9
Renewable Energy Share	77.3%	-
Water Consumption (kL)	124,872.5	144,659.2
Total Waste Generated (MT)	3,716.704	3,384.89
GHG Emissions Intensity Reduction	89.3%	-

The report confirms that the company has established a Sustainability Committee led by the Managing Director & CEO to oversee its business responsibility policies. Marico has also integrated its disclosures with global frameworks such as the UN Sustainable Development Goals (SDGs), Global Reporting Initiative (GRI), and the Task Force on Climate-related Financial Disclosures (TCFD).

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.88%	-0.41%	+4.83%	+13.15%	+16.72%	+60.26%

Marico Limited shareholders have approved the appointment of Mr. Girish Paranjpe as an Independent Director for a term of five years, effective June 1, 2026. The resolution was passed via a postal ballot conducted through remote e-voting, concluding on June 13, 2026. This appointment strengthens the company's governance structure following the retirement of Mr. Milind Barve, who stepped down from the Board on August 1, 2026, due to health issues.

The special resolution received overwhelming support, with 98.86% of votes polled in favour. Mr. Paranjpe, who holds DIN 02172725, was initially appointed as an Additional Director by the Board on June 1, 2026. His tenure as Independent Director will run until May 31, 2031, and he is not liable to retire by rotation. The appointment was made pursuant to the provisions of the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Postal Ballot Process

The remote e-voting process commenced on May 15, 2026, and concluded on June 13, 2026. M/s. Makarand M. Joshi & Co., Practising Company Secretaries, served as the scrutinizer to ensure the process was conducted fairly. The company utilized the services of Central Depositories Services (India) Limited (CDSL) to facilitate the e-voting. Only members holding shares as of the cut-off date of May 8, 2026, were eligible to participate.

Voting Results

The outcome of the postal ballot was declared on June 15, 2026, based on the scrutinizer's report. The detailed voting figures are as follows:

Parameter	Votes	Percentage
Total Votes Polled	1,17,34,45,643	90.38% of outstanding shares
Votes In Favour	1,16,01,20,805	98.86% of votes polled
Votes Against	1,33,24,838	1.14% of votes polled

Following the approval, the Board has restructured its committee leadership. Mr. Paranjpe has been appointed Chairman of the Audit Committee and Risk Management Committee, effective August 2, 2026. Ms. Apurva Purohit has been designated Chairperson of the Stakeholders Relationship Committee. These changes ensure continuity in governance oversight after Mr. Barve's departure.