Marico Limited has scheduled its 38th Annual General Meeting for Thursday, August 6, 2026, at 9:00 a.m. IST through video conferencing and other audio-visual means. The meeting will be conducted to transact business outlined in the notice, in compliance with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Physical attendance has been dispensed with, and members participating via video conferencing will be counted for quorum purposes.

The Board of Directors recommended a final equity dividend of ₹4 per share of ₹1 each for the financial year 2025-26, subject to approval at the AGM. If approved, the dividend will be paid on or before September 5, 2026, to members whose names appear in the Register of Members as on Thursday, July 30, 2026, which is the record date. Dividend will be paid only in electronic mode, requiring members to ensure their bank details are updated with their depository participants or the Registrar and Transfer Agent.

Dividends are fully taxable in the hands of members under the Income Tax Act, 2025. The company will deduct tax at source at applicable rates, which vary based on residential status. Members must submit necessary documents for tax verification by July 30, 2026, to avail of the applicable rate; documents received after this date will not be considered.

Electronic copies of the AGM Notice and the Integrated Annual Report 2025-26 will be sent to members with registered email addresses. A letter with a weblink and QR Code will be sent to others, while physical copies will be provided upon request. The documents will be available on the company's website, stock exchange websites, and the Central Depository Services (India) Limited website.

The company will facilitate voting through remote e-voting and e-voting during the AGM. Members holding shares in physical form or those without registered email addresses can follow instructions in the AGM Notice to cast their votes. MUGF Intime India Private Limited acts as the Registrar and Transfer Agent.

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:

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.