Please find enclosed an Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
MARICO · price
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On the reaction day the stock moved 0.1 pts less than Nifty Midcap 150 and 0.1 pts less than 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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The Income Tax Department conducted a survey action under Section 133A of the Income Tax Act, 1961 at some of Marico's offices and manufacturing units in India. This is a follow-up to Marico's earlier intimation dated September 17, 2025. The company stated that the survey action has now been completed and it extended full cooperation to the tax authorities. As of the date of this filing, there is no further material update that needs to be disclosed under SEBI listing rules.
In the short term, the stock may see some volatility or negative sentiment due to the tax survey, but since the action is complete and no further disclosure is warranted, the impact could be limited. Investors should watch for any future tax demand notices or additional disclosures, as the financial implications (if any) will only become clear later.