Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we wish to inform you of the change in Senior Management Personnel of the Company.
MARICO · price
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Marico Limited has informed the stock exchanges that Mr. Akash Banerji, EVP & Head of Digital Transformation and Beauty & Styling (Digital Business), has resigned from the company to pursue entrepreneurial opportunities outside the organization. His resignation was tendered on February 6, 2026, and his last working day is May 31, 2026, giving a roughly four-month transition period. No replacement has been named in this filing. The disclosure has been made under SEBI's Listing Regulations as a change in Senior Management Personnel.
This is a senior-level exit from a strategically important digital and beauty portfolio, so investors may want to track any leadership gap in Marico's digital transformation roadmap. The orderly notice period suggests a planned transition, limiting immediate disruption risk to the stock.