Marico Ltd - 531642 - Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
Further to the Company's intimation dated July 30, 2021, please be informed that Ms. Hemangi Ghag ceases to be the Company Secretary & Compliance Officer of the Company, with effect from the close of business hours of September 3, 2021. Ms. Ghag had tendered her resignation to pursue opportunities outside the Company. Kindly take the same on record. MARICO LTD. - 531642 - Disclosure of Voting results of AGM (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
Marico Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here Marico Ltd - 531642 - Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Please find enclosed the consolidated voting results i.e. remote e-voting and e-voting at the Meeting, on the business transacted at 33rd AGM, in the format prescribed under Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with the Scrutinizer's report thereon. Kindly take above on record. MARICO LTD. - 531642 - Shareholder Meeting / Postal Ballot-Outcome of AGM
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Part A of Schedule III thereto, please find enclosed the summary of the proceedings of the 33rd Annual General Meeting of the Company held on Monday, August 30, 2021, at 11:00 a.m. (IST) through Video Conferencing/Other Audio-Visual Means. Kindly take the same on record.
Marico expects 13-15% revenue growth; 10% rise in volume in medium-term
Besides, Marico would increase its reach in rural areas by expanding the stockist network by another 25 per cent in the next two years; while in urban areas, Marico will focus on augmenting its reach in chemist and cosmetic outlets, according to the company's latest annual report MARICO LTD. - 531642 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
This is to inform you that the Securities Issue Committee of the Board of Directors of the Company vide a resolution passed by circulation on August 25, 2021, has issued and allotted 4,61,350 equity shares of face value of Re. 1 each of the Company under various Schemes of ESOP 2016, to the eligible grantees, pursuant to exercise of stock options granted thereunder. In terms of Regulation 10(c) of the SEBI (Share Based Employee Benefits) Regulations, 2014 ('SEBI SBEB Regulations'), the details of shares allotted as above are given in Annexure I to III to this intimation. Further, this intimation is in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, however, we wish to clarify that aforesaid allotment of shares is not material in nature to the Company. Kindly take the above on record and oblige.
Marico co-founder Harsh Mariwala shares tips for work-from-home entrepreneurs
Harsh Mariwala claimed that while working from home helped entrepreneurs spend more time with their loved ones, it did take a toll on their mental wellbeing Marico Ltd - 531642 - Announcement under Regulation 30 (LODR)-Credit Rating
Please be informed that CRISIL Ratings Limited (CRISIL) has reaffirmed the credit ratings on various bank facilities availed by the Company. Kindly take the same on record. Marico Ltd - 531642 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
This is to inform you that the Securities Issue Committee of the Board of Directors of the Company vide a resolution passed by circulation on August 9, 2021, has issued and allotted 15,600 equity shares of face value of Re. 1 each of the Company under various Schemes of ESOP 2016, to the eligible grantees, pursuant to exercise of stock options granted thereunder. In terms of Regulation 10(c) of the SEBI (Share Based Employee Benefits) Regulations, 2014 ('SEBI SBEB Regulations'), the details of shares allotted as above are given in Annexure I to IV to this intimation. Further, this intimation is in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, however, we wish to clarify that aforesaid allotment of shares is not material in nature to the Company. Kindly take the above on record and oblige.
Too much food inflation can lead to downtrading: Marico MD & CEO
After a year-on-year revenue growth of 31% in Q1 FY22, Marico's managing director and CEO Saugata Gupta spoke of growing digital brands organically and via acquisitions, the impact of food inflation and tapping the e-grocery opportunity