Marico Limited — Important, 04-08-2025: General Updates
04-08-2025 | 02:04 pm
04-08-2025 | 02:04 pm
Marico is initiating an intra-group restructuring to integrate Apcos Naturals (Just Herbs brand), a wholly-owned subsidiary, into the parent company. This strategic move aims to enhance digital transformation, drive operational synergies, optimize costs, and simplify the corporate structure. The integration involves Apcos's voluntary liquidation, with its business transferred to Marico on a going-concern basis. Apcos's FY25 turnover was 98.79 Cr, representing a minor 0.91% of Marico's consolidated turnover. Marico expects no material impact on its consolidated financials or net worth.
No comments yet. Be the first to comment!
