Marico Limited , a prominent Indian consumer goods company, has successfully completed the acquisition of the remaining 46.02% stake in HW Wellness Solutions Private Limited, the company behind the 'True Elements' brand. This strategic move, finalized on October 17, 2025, transforms HW Wellness Solutions into a wholly-owned subsidiary of Marico.

Acquisition Details

The completion of this acquisition marks a significant milestone for Marico, following the initial agreement announced on September 11, 2025. With this transaction, Marico has increased its equity stake in HW Wellness Solutions from 53.98% to 100%, gaining complete ownership of the wellness company.

Strategic Implications

This acquisition aligns with Marico's strategy to strengthen its position in the health and wellness sector. By fully integrating HW Wellness Solutions, Marico is poised to leverage the 'True Elements' brand and potentially expand its product portfolio in the health-conscious consumer market.

Corporate Disclosure

In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Marico has officially informed the stock exchanges about the completion of this acquisition. The company has also made this information available on its website for shareholders and investors.

Market Impact

While the financial details of the transaction have not been disclosed, this move may strengthen Marico's presence in the wellness segment. Investors and market analysts will likely be watching closely to see how this acquisition contributes to Marico's growth strategy and financial performance in the coming quarters.

As Marico integrates HW Wellness Solutions fully into its operations, it remains to be seen how the company will leverage this acquisition to drive innovation and expand its product offerings in the consumer goods market.

Marico Limited , a prominent Indian consumer goods company, has announced the completion of the voluntary liquidation of its wholly-owned step-down subsidiary in Bangladesh, MBL Industries Limited (MBLIL). The liquidation process, which had been in motion for some time, reached its conclusion on September 18, 2025, following the issuance of a Winding Up Certificate by the Registrar of Joint Stock Companies and Firms, Bangladesh.

Key Details of the Liquidation

Financial Snapshot of MBLIL (as of February 15, 2025)

The voluntary liquidation of MBLIL marks the end of a subsidiary that had been inactive for over a decade and a half. Marico's decision to wind up this dormant entity aligns with common corporate practices of streamlining operations and optimizing organizational structure.

According to the disclosure made under Regulation 30 of the SEBI Listing Regulations, Marico Limited received the Winding Up Certificate from the Office of the Registrar of Joint Stock Companies and Firms, Bangladesh (RJSC&F) on October 12, 2025. This certificate officially confirmed the voluntary liquidation of MBLIL, effective from September 18, 2025.

It's worth noting that MBLIL had not been contributing to Marico's turnover, as evidenced by its nil turnover reported as of February 15, 2025. The subsidiary had been incurring losses, with an income loss of BDT 1,658,191 reported for the same period.

This corporate action is part of Marico's ongoing efforts to manage its global operations efficiently. By liquidating a non-operational subsidiary, the company can potentially reduce administrative costs and focus resources on more productive areas of its business.

Marico has assured compliance with all relevant local laws and regulations in Bangladesh regarding the liquidation process. The company has also made this information available on its website, maintaining transparency with its shareholders and the broader investment community.

As this liquidation involves a step-down subsidiary that has been dormant for years and contributed no turnover, it is unlikely to have a significant impact on Marico's overall financial position or operations. However, it does reflect the company's commitment to maintaining a lean and efficient corporate structure across its international operations.