Announced Wed, 1 Jul · 13:15 IST
Independent Director Milind Barve to retire on August 1, 2026
Management Changes View source PDF
MARICO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.3%1-day move
₹837.55
prior close
₹848.65
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.1+0.1+0.2+2.3-0.2+0.2+1.5+0.6+1.7+2.8———
Up moveDown movePending
AI summary
Marico Independent Director Mr. Milind Barve (DIN: 00087839) will retire from August 1, 2026, after choosing not to seek re-appointment due to health issues. He also held roles as Lead Independent Director and Chairman of the Audit, Risk Management, and Stakeholders Relationship Committees. Existing Independent Directors Mr. Girish Paranjpe and Ms. Apurva Purohit will take over the committee chairmanship responsibilities from August 2, 2026.
Likely market impact
Planned exit with replacements in place, so minimal governance impact. Watch for any change in audit committee oversight.