Marico’s Subsidiary MBL Industries Voluntarily Liquidated Effective September 18, 2025

Marico Completes Voluntary Liquidation of MBL Industries

Marico Limited has formally completed the voluntary liquidation process of its wholly-owned subsidiary, MBL Industries, effective from September 18, 2025. This strategic move forms part of Marico’s broader internal restructuring efforts aimed at business consolidation and operational optimization.

MBL Industries’ entire business undertaking has been transferred to Marico on a going concern basis, ensuring uninterrupted continuity of operations. The liquidation process aligns with Marico’s focus on simplifying its corporate structure while maintaining regulatory compliance and shareholder transparency.

Key Highlights

The liquidation and transfer were executed with full regulatory oversight under applicable laws.

MBL Industries’ business assets and operations are now consolidated with Marico, enabling unified management and operational efficiency.

Marico is in the process of obtaining final approval from the National Company Law Tribunal (NCLT) for the formal dissolution of MBL Industries.

This reorganization aligns with Marico’s strategic goal to streamline subsidiaries and focus on core business operations.

Shareholders and stakeholders received timely disclosure and updates on the process through stock exchange filings.

Important Points

Voluntary liquidation follows Marico’s successful past restructurings, including the consolidation of Apco Naturals.

By merging subsidiary operations into the parent company, Marico aims to reduce administrative overhead and leverage synergies across its product portfolio.

The consolidated structure supports Marico’s future growth strategy, promising better resource allocation and stronger market positioning.

Investors view this development positively as it simplifies corporate governance and enhances operational agility.

Marico continues to demonstrate commitment to transparency and compliance with all regulatory norms during restructuring.

This voluntary liquidation of MBL Industries is a significant step in Marico’s evolution as a focused, agile consumer goods leader, poised to capitalize on growth opportunities while delivering shareholder value.

Sources: ScanX, Marico Limited disclosures, BSE filings