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Marico Limited — M&A Activity 2024
Sep 17, 2024
60544_rns_2024-09-17_a0968230-571d-4aca-afb5-69c90f483580.pdf
M&A Activity
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September 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: Update on acquisition pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Please refer to our letter dated September 6, 2024 informing that Marico Limited (“ Company ”) has entered into a definitive agreement to acquire the balance 40% of equity capital in Apcos Naturals Private Limited, an entity that owns the brand “Just Herbs” (“ Apcos Naturals ”).
Further to the above, we wish to inform you that the transaction has been completed today as per the closing conditions and terms of the definitive agreement between the parties.
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
Digitally signed by VINAY M A VINAY M A Date: 2024.09.17 18:58:29 +05'30'
Vinay M A Company Secretary & Compliance Officer
Marico Information classification: Official
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