Marico Limited has informed the Exchange regarding Change in Director(s) of the company.
MARICO · price
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Awaiting price reaction for this filing.
Marico's Board has approved the re-appointment of Mr. Saugata Gupta as Managing Director & CEO for a 2-year term from April 1, 2026 to March 31, 2028, subject to shareholder approval. Mr. Gupta has been with Marico since 2004, became CEO of India Business in 2007, and took over as MD in 2014. The company confirmed he is not debarred from holding office under any SEBI order and is not related to any existing director. His re-appointment signals leadership continuity at the top of the FMCG major.
Positive for shareholders — continuity of an experienced, long-tenured CEO generally supports stability in strategy and execution. The decision is routine but the disclosure reaffirms governance discipline ahead of the 2026 transition.