Mitsubishi UFJ Financial Group Rectifies Disclosure on 6.47% Stake in Marico Limited

1 min read     Updated on 31 Oct 2025, 12:06 PM
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Reviewed by
Shriram ShekharScanX News Team
Overview

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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*this image is generated using AI for illustrative purposes only.

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:

  1. Avendus Spark INDX: Annual Investor Conference

    • Date: November 19, 2025
    • Location: Mumbai
    • Meeting Type: One-on-One / Group
  2. 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 Day5 Days1 Month6 Months1 Year5 Years
-0.21%-0.81%+3.23%+1.34%+12.49%+96.25%

Marico Ltd. Sees Significant Block Trade Worth Rs. 56.06 Crore on NSE

1 min read     Updated on 28 Oct 2025, 01:17 PM
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Reviewed by
Jubin VergheseScanX News Team
Overview

A significant block trade of Marico shares occurred on the National Stock Exchange (NSE). The transaction involved 778,392 shares traded at Rs. 720.25 per share, totaling Rs. 56.06 crore. This large-volume trade indicates notable investor activity in the FMCG company's stock, potentially reflecting strategic moves by major market participants.

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*this image is generated using AI for illustrative purposes only.

Marico , a prominent player in the Indian FMCG sector, recently witnessed a substantial block trade on the National Stock Exchange (NSE), highlighting significant investor activity in the company's shares.

Block Trade Details

A block trade, typically involving a large number of shares, was executed for Marico on the NSE. Here are the key details of the transaction:

Aspect Details
Total Trade Value Rs. 56.06 crore
Number of Shares 778,392
Price per Share Rs. 720.25

This sizeable transaction underscores the continued interest in Marico's stock among institutional investors or large individual shareholders. Block trades of this magnitude are often indicative of strategic moves by major market participants.

Market Implications

While the specific parties involved in the trade remain undisclosed, such large-volume transactions can sometimes influence market sentiment towards a stock. Investors and market analysts often closely monitor these trades for potential insights into institutional interest or significant shareholding changes.

About Marico

Marico is a leading Indian consumer goods company known for its popular brands in the health, beauty, and wellness space. The company's product portfolio includes well-known names such as Parachute, Saffola, and Set Wet, among others.

This block trade comes at a time when the FMCG sector in India continues to evolve, adapting to changing consumer preferences and economic conditions. As always, investors are advised to conduct their own research and consider their financial goals before making investment decisions based on market movements or block trades.

Historical Stock Returns for Marico

1 Day5 Days1 Month6 Months1 Year5 Years
-0.21%-0.81%+3.23%+1.34%+12.49%+96.25%
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