Please find enclosed the Scrutinizer''s Report.
Awaiting price reaction for this filing.
Marico Limited announced the results of a postal ballot conducted via remote e-voting from May 17 to June 15, 2025. Two special resolutions were passed by shareholders: (1) amendments to the Marico Employee Stock Option Plan, 2016, and (2) approval for the company to provide funds to the WEOMA Trust to buy back Marico shares for the benefit of eligible employees under the ESOP plan. Both resolutions received approximately 92.96% votes in favour, with the promoter group (76.5 crore shares) voting unanimously in support. About 92.4% of total outstanding shares participated in the voting, indicating strong shareholder engagement.
The approved changes strengthen Marico's employee stock incentive framework by enabling the WEOMA Trust to fund share purchases for employee benefits. This is a routine ESOP-related governance action and is unlikely to materially affect the stock price or shareholder value in the near term, though it may result in mild share buyback activity via the trust route.