Harsh Mariwala, on behalf of himself, other promoters, and members of the promoter group along with Persons Acting in Concert (PAC) of Marico Limited, has submitted a formal declaration to the stock exchanges dated April 3, 2026. The declaration was filed under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, confirming that no encumbrance — whether direct or indirect — was created on the shares of Marico Limited held by the promoter group during the financial year ended March 31, 2026, except for those already disclosed previously.

Declaration Details

The declaration was digitally signed by Harsh Charandas Mariwala on April 3, 2026, and submitted to both BSE Limited and the National Stock Exchange of India Limited. The filing reaffirms the promoter group's compliance with SEBI's shareholding disclosure norms for FY26.

Promoter and Promoter Group Composition

The annexure accompanying the declaration lists 33 individuals, entities, and trusts forming the promoter and promoter group as on March 31, 2026. The composition includes direct promoters as well as an extensive promoter group comprising family members, family trusts, and related entities.

Note on Share Transmission

The filing includes an important note regarding a change in the promoter group composition. Subsequent to the demise of Mr. Kishore V Mariwala, a promoter of the company, the equity shares held by him in his individual capacity were transmitted to Ms. Anjali R Mariwala and Ms. Paula R Mariwala — both members of the promoter group — on February 24, 2026. This transmission was carried out in accordance with the Will probated by the Hon'ble High Court. Accordingly, in line with the Master Circulars issued by the National Stock Exchange of India Limited and BSE Limited, the name of Late Mr. Kishore V Mariwala has been excluded from the list of Promoter/Promoter Group.

Marico witnessed a notable block trade on the National Stock Exchange (NSE), with approximately 5,61,094 shares changing hands in a single transaction. The deal was executed at a price of ₹825.00 per share, aggregating to a total transaction value of ₹46.29 crores.

Block Trade Details

The following table summarizes the key parameters of the block trade recorded on the NSE:

Block trades are large-volume transactions typically executed between institutional investors or significant market participants. Such deals are conducted through a separate trading window on the exchange, ensuring minimal impact on the prevailing market price of the security.