Marico Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF Explain this filing

MARICO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+4.0%Reaction day

₹698.50

prior close

₹709.80

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+1.6%+2.4% vs market

Edible Oil peers, median of 20sector+0.0%+4.0% vs sector

On the reaction day the stock moved 2.4 pts more than Nifty Midcap 150 and 4.0 pts more than its Edible Oil peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.2

10m

+2.4

15m

+2.9

30m

+3.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.0+1.6+2.4+0.0+4.0

Next day

+3.2-0.5+3.7-2.8+6.0

+5.1+1.0+4.1-1.6+6.7

+2.8-0.7+3.5-3.4+6.1

+3.2-0.7+3.9-3.2+6.4

+5.7+3.0+2.7+0.1+5.6

+3.3+4.6-1.3+1.8+1.5

15d

+2.0+6.3-4.4+0.8+1.2

+0.3+8.8-8.5+3.9-3.6

+4.6+11.0-6.5+2.0+2.6

+2.5+7.9-5.3+3.2-0.7

UpDownMarket · Nifty Midcap 150Sector · Edible Oil peers, median of 20Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

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.

Likely market impact

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.