Mr. Harsh Mariwala has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
MARICO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mr. Harsh Mariwala, on behalf of all promoters, promoter group members, and persons acting in concert of Marico Limited, has filed an annual declaration with BSE and NSE. The filing, made under Regulation 31(4) of SEBI's Takeover Regulations, confirms that no new encumbrances (such as pledges or liens) were created on Marico shares held by the promoter group during the financial year ending March 31, 2025, other than what was already disclosed earlier. This is a routine yearly compliance requirement and not triggered by any specific event. An annexure lists 34 promoter group members and entities, including several family trusts and related individuals. No share quantities or values are mentioned in this particular declaration.
This is a routine regulatory filing with no direct impact on the stock price. It mildly reassures investors that promoters have not pledged additional shares as collateral, signalling stable promoter ownership without new leveraging.