Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed a copy of postal ballot notice along with the explanatory ....
MARICO · price
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Marico Ltd is seeking shareholder approval via postal ballot for the appointment of Mr. Girish Paranjpe as an Independent Director for a 5-year term starting June 1, 2026. Mr. Paranjpe, aged 68, brings over 35 years of experience, having served as Joint-CEO of Wipro's IT Business (2008-2011) where he led a USD 5.8 billion operation with over 1 lakh employees across 54 countries. He also worked with Bloom Energy and is currently a General Partner at Exfinity Venture Partners. He currently serves as Independent Director on the boards of Axis Bank, Crisil, Mphasis, and Axis Max Life Insurance. The appointment was recommended by the Nomination and Remuneration Committee and approved by the Board on May 5, 2026. Remote e-voting runs from May 15, 2026 to June 13, 2026, and results will be declared by June 16, 2026.
Positive for shareholders — the appointment adds a seasoned corporate leader with deep expertise in IT, finance, strategy, and governance to Marico's board, strengthening oversight and strategic capability.