Update on intra-group restructuring involving integration of business of Apcos Naturals Private Limited, a wholly owned subsidiary

Marico Limited has provided an update on its intra-group restructuring where it plans to integrate the business of Apcos Naturals Private Limited, which is a wholly owned subsidiary of the company. Since Apcos Naturals is already wholly owned by Marico, this restructuring is an internal consolidation aimed at simplifying the corporate structure and combining operations under one entity. The integration is likely to streamline reporting, reduce duplication of processes, and improve operational efficiency. Specific details on the structure, timeline, and consideration mechanism (whether through a scheme of arrangement or slump sale) have not been disclosed in this update. Shareholders should watch for further filings detailing the terms and effective date.