Marico integrates wholly owned subsidiary Zed Lifestyle via voluntary liquidation

Marico Limited has completed intra-group restructuring by integrating the business of Zed Lifestyle Private Limited, its wholly owned subsidiary, through voluntary liquidation. The Liquidator has distributed Zeds business undertaking to Marico on a going concern basis and issued a Letter of Distribution dated June 29, 2026. The business now stands consolidated with Marico effective June 29, 2026. NCLT Ahmedabad approval will be sought for the dissolution of Zed in due course. As Zed is a wholly owned subsidiary, this is purely an internal restructuring exercise.