Marico completes acquisition of Zea Maize, owner of 4700BC popcorn brand

Listed-company acquisitionStrategic Transactions View source PDF Explain this filing

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On the reaction day the stock moved in line with Nifty Midcap 150 and in line with its Edible Oil peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Marico Limited has completed the acquisition of 93.27 percent paid-up share capital of Zea Maize Private Limited, the company that owns the popcorn brand 4700BC, from PVR INOX Limited. Zea Maize has now become a subsidiary of Marico. The deal was first announced on January 26, 2026, and the acquisition was closed on January 29, 2026.

Likely market impact

Strengthens Marico's presence in the snacks and popcorn category with a new subsidiary, supporting long-term portfolio diversification beyond core FMCG.