Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015
MARICO · price
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Marico Limited is integrating its wholly owned subsidiary Apcos Naturals Private Limited, which runs the 'Just Herbs' brand, into itself as part of its digital-first strategy. The restructuring will be carried out by voluntarily liquidating Apcos and distributing its business undertaking to Marico on a going-concern basis. Apcos is not a material subsidiary, contributing just Rs. 98.79 crores in turnover (0.91% of Marico's consolidated turnover for FY25), and the company says the move will not materially impact consolidated financials. The boards of both entities approved the plan on August 4, 2025; liquidation is deemed commenced from the same date, subject to creditor approvals, with final dissolution requiring an NCLT order. Marico's shareholding pattern will remain unchanged, and the Apcos shares held by Marico will be cancelled upon dissolution.
This is a minor internal consolidation with no material impact on Marico's consolidated financials or shareholding pattern. It streamlines the group structure and may yield small operational and cost synergies, but is unlikely to move the stock price meaningfully.