Marico Limited , a leading Indian consumer goods company, has announced the completion of its internal restructuring process, which involved the voluntary liquidation of its wholly-owned subsidiary, Apco Naturals Private Limited. The business consolidation is set to take effect from October 1, 2025, marking a significant step in streamlining the company's operations.

Restructuring Details

According to a regulatory filing by Marico to the BSE and NSE, the company has successfully integrated the business of Apco Naturals through a voluntary liquidation process. The key points of this restructuring are:

• The Liquidator has distributed the entire business undertaking of Apco Naturals to Marico on a going concern basis.
• A Letter of Distribution dated October 1, 2025, has been issued, confirming the transfer.
• The business undertaking of Apco Naturals now stands consolidated with Marico, effective from October 1, 2025.

Next Steps

The restructuring process is not entirely complete yet. Marico has outlined the following steps:

• The Liquidator will initiate the necessary procedures to obtain approval from the National Company Law Tribunal (NCLT), Chandigarh.
• This approval is required for the final dissolution of Apco Naturals in accordance with applicable laws.

Regulatory Compliance

Marico has ensured full transparency and regulatory compliance throughout this process:

• The company had previously disclosed details of this intra-group restructuring on August 4, 2025.
• The current update has been filed under Regulation 30 of the Listing Regulations.
• It also adheres to the SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 (as amended).

Impact and Outlook

This internal restructuring is likely aimed at optimizing Marico's corporate structure and potentially improving operational efficiency. By consolidating Apco Naturals' business into its main operations, Marico may be looking to streamline its product portfolio and reduce administrative overheads.

Investors and stakeholders will be keen to observe how this restructuring impacts Marico's financial performance and market position in the coming quarters. As the consolidation takes effect, it may provide Marico with new opportunities for growth and synergies within its business operations.

Marico continues to demonstrate its commitment to corporate governance and shareholder transparency through timely and detailed disclosures of such significant corporate actions.

Marico Limited , a leading Indian consumer goods company, has announced the completion of an income tax survey conducted at its offices and manufacturing sites. The company, known for its popular brands in the beauty and wellness space, has provided an update on the matter through a regulatory filing.

Survey Details

According to the company's statement, the Income Tax Department carried out a survey action under Section 133A of the Income Tax Act, 1961. The survey encompassed several of Marico's offices and manufacturing units across India.

Company's Response

Marico has emphasized its full cooperation throughout the survey process. In its regulatory filing, the company stated:

"The said action has now been completed and the Company extended its full co-operation on the matter."

No Material Impact

Importantly, Marico has indicated that there are no additional updates required regarding the matter. The company's statement suggests that the survey has not resulted in any material findings that would necessitate further disclosure under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Transparency Measures

In line with its commitment to transparency, Marico has made this information available on its official website for shareholders and other stakeholders. The company's proactive communication aims to keep investors informed about significant events that may affect its operations.

Market Implications

While income tax surveys can sometimes raise concerns among investors, Marico's prompt disclosure and assertion of full cooperation may help alleviate any potential market anxieties. The company's statement indicating no further material updates suggests that the survey is unlikely to have a significant impact on its operations or financial standing.

As the market digests this information, investors and analysts will likely monitor any potential follow-up actions or statements from either Marico or the tax authorities. However, based on the current disclosure, the company appears to have navigated the survey process without any reported complications.

Marico continues to maintain its position as a key player in the Indian FMCG sector, and this recent development is not expected to alter its business trajectory significantly, according to the information provided by the company.