Marico Limited — Capital/Financing Update 2024

Oct 17, 2024

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October 17, 2024

The Secretary, Listing Department, BSE Limited, 1st Floor, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001 Scrip Code: 531642

The Manager, Listing Department, The National Stock Exchange of India Limited, 'Exchange Plaza', C-1 Block G, Bandra Kurla Complex, Bandra (East) Mumbai – 400051 Scrip Symbol: MARICO

Dear Sir/Madam,

Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we hereby inform you that the Company has incorporated a wholly-owned subsidiary “Cocosecrets Consumer Care LLC” in the State of Delaware, USA.

Requisite details as per SEBI Circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 is enclosed as Annexure I.

This disclosure is also being made available on the Company's website at https://marico.com/india/investors/documentation/shareholder-info

Kindly take the same on record.

Yours faithfully,

For Marico Limited

VINAY M Digitally signed by VINAY M A A Date: 2024.10.17 18:23:03 +05'30' Vinay M A Company Secretary & Compliance Officer

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Annexure I Disclosure under sub-para (1) [i.e. Acquisition (including agreement to acquire)] of Para (A) of Part (A) of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Sl. No.	Particulars	Description
1.	Name of the target entity, details in brief such as size, turnover etc.	Cocosecrets Consumer Care LLC (“Cocosecrets”) has been incorporated as a wholly-owned subsidiary of Marico Limited (“Company”) in the State of Delaware, USA. Date of incorporation: October 14, 2024 Date of receipt of confirmation of incorporation by the Company: October 17, 2024 Size/Turnover: Not applicable
2.	Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”	Not applicable. This intimation is towards incorporation of a wholly-owned subsidiary.
3.	Industry to which the entity being acquired belongs	FMCG and Consumer products
4.	Objects and impact of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity)	To carry on the business of FMCG and Consumer products and leverage business opportunities in USA and other international geographies.
5.	Brief details of any governmental or regulatory approvals required for the acquisition	The incorporation was approved by the Secretary of State of Delaware, USA.
6.	Indicative time period for completion of the acquisition	Not Applicable
7.	Consideration - whether cash consideration or share swap or any other form and details of the same	Investment by way of subscription to share capital of the entity.
8.	Cost of acquisition and/or the price at which the shares are acquired	Not Applicable
9.	Percentage of shareholding/control acquired and/ or number of shares acquired	100% shareholding by Marico Limited
10.	Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief).	Cocosecrets has been incorporated on October 14, 2024 in the State of Delaware, USA, to carry on_inter_ _alia_business of FMCG and Consumer products. Turnover: Not Applicable, since the entity is yet to commence its business.

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