Marico consolidates wholly-owned subsidiary Apcos Naturals

Marico Limited announced on October 1, 2025, the integration of Apcos Naturals Private Limited, a wholly-owned subsidiary, into the company. This follows an August 4, 2025, letter detailing the intra-group restructuring, which involved the voluntary liquidation of Apcos and the distribution of its entire business undertaking to Marico on a going concern basis.

The liquidator officially distributed Apcos's business undertaking to Marico, effective October 1, 2025, coinciding with the issuance of a letter of distribution. Consequently, Apcos's business undertaking is now fully consolidated with Marico.

Further steps will involve the liquidator initiating procedures to secure approval from the National Company Law Tribunal (NCLT) in Chandigarh for the dissolution of Apcos, in accordance with applicable laws. Details regarding this restructuring were previously disclosed on August 4, 2025, under Regulation 30 of the Listing Regulations.