Mitsubishi UFJ Financial Group Rectifies Disclosure on 6.47% Stake in Marico Limited
Mitsubishi UFJ Financial Group (MUFG) has issued a corrected disclosure regarding its 6.47% stake in Marico Limited. The correction addresses an operational oversight in a previous filing from August 2, 2019. The main rectification involves the names of the acquirer and persons acting in concert (PAC), including the previously omitted Colonial First State Managed Infrastructure Limited. MUFG acquired 83,527,917 equity shares, with 83,257,600 shares (6.45%) through indirect acquisition. The company has enhanced its operational controls to ensure more accurate identification of entities in future disclosures.

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Mitsubishi UFJ Financial Group (MUFG) has issued a corrected disclosure regarding its significant stake in Marico Limited , addressing an operational oversight in a previous filing. This move underscores the importance of accurate reporting in corporate actions and highlights the complexities involved in large-scale acquisitions.
Key Points of the Corrected Disclosure
- Stake Acquired: 83,527,917 equity shares, representing 6.47% of Marico Limited
- Previous Disclosure Date: August 2, 2019
- Main Correction: Rectification of names of the acquirer and persons acting in concert (PAC)
- Omission Addressed: Colonial First State Managed Infrastructure Limited, previously omitted, now disclosed as a PAC
Breakdown of the Acquisition
| Aspect | Details | 
|---|---|
| Shares Acquired Through Indirect Acquisition | 83,257,600 (6.45%) | 
| Total Shares Held After Acquisition | 83,527,917 (6.47%) | 
| Reason for Indirect Acquisition | MUFG's acquisition of certain entities holding shares in Marico | 
Implications and Company Response
The correction highlights the intricacies involved in large corporate acquisitions, especially when they involve multiple entities. MUFG's prompt action in rectifying the disclosure demonstrates a commitment to transparency and regulatory compliance.
In response to this oversight, MUFG has stated that it has enhanced its operational controls. This proactive measure aims to ensure more accurate identification of entities in future disclosures, potentially setting a precedent for improved reporting practices in complex financial transactions.
Marico's Upcoming Investor Engagements
Marico Limited has scheduled upcoming investor conferences:
- Avendus Spark INDX: Annual Investor Conference - Date: November 19, 2025
- Location: Mumbai
- Meeting Type: One-on-One / Group
 
- Virtual Goldman Sachs India Consumer Forum - Date: December 1, 2025
- Meeting Type: Group (Virtual)
 
These engagements suggest Marico's ongoing commitment to investor relations and transparency, aligning with the spirit of accurate disclosures as demonstrated in the MUFG case.
The correction by MUFG and Marico's proactive investor engagement highlight the evolving landscape of corporate governance and the increasing emphasis on accurate, timely disclosures in the financial markets.
Historical Stock Returns for Marico
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years | 
|---|---|---|---|---|---|
| -0.21% | -0.81% | +3.23% | +1.34% | +12.49% | +96.25% | 
















































