Nature of the Disclosure

This is a regulatory disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It is a Postal Ballot Notice seeking shareholder approval for the appointment of an Independent Director.

Key Proposal

Seeking approval of members by way of a Special Resolution for the appointment of Mr. Rohit Jawa (DIN: 10063590) as an Independent Director of the Company for a term of 5 (five) consecutive years with effect from January 1, 2027 to December 31, 2031 (both days inclusive).

Key Dates

  • Record Date (Cut-off Date): Friday, October 30, 2026
  • Remote E-voting Commencement: Sunday, November 8, 2026 at 9:00 a.m. (IST)
  • Remote E-voting Conclusion: Monday, December 7, 2026 at 5:00 p.m. (IST)
  • Result Declaration: On or before Wednesday, December 9, 2026

Voting Process

  • The postal ballot is being conducted solely through remote e-voting as per MCA Circulars.
  • The company has engaged Central Depository Services (India) Limited (CDSL) to provide the e-voting facility.
  • Voting rights are based on one vote per equity share as on the record date (October 30, 2026).
  • The resolution will be deemed passed on the last date of e-voting (December 7, 2026) if approved by the requisite majority.

Director Profile and Rationale

Mr. Rohit Jawa is 60 years old as of the notice date. His qualifications include a Bachelor's degree from St. Stephen's College, University of Delhi, an MBA from the Faculty of Management Studies, University of Delhi, the Breakthrough Program for Senior Executives from IMD Business School, Lausanne, and the Advanced Management Program at Harvard Business School.

He possesses over 38 years of corporate and leadership experience in the FMCG sector, with specific expertise in:

  • Global Business & Consumer Understanding
  • Brand Building
  • New Age Consumer Channel & Digital Skills
  • Retail & GTM (Go-To-Market)
  • Leadership
  • Corporate Governance, Risk & Compliance

His previous role was as Managing Director & CEO of Hindustan Unilever Limited, a position he held until July 2025. He resigned from Hindustan Unilever Limited within the past three years. He holds no shares in Marico Limited and has no relationship with other Directors or Key Managerial Personnel of the company.

Remuneration

Mr. Jawa will be entitled to remuneration by way of sitting fees for attending Board/Committee meetings, reimbursement of expenses, and a commission as may be approved by the Board based on the recommendation of the Nomination and Remuneration Committee (NRC). The exact remuneration will be disclosed in the Annual Report.

Scrutinizer Appointment

The Board has appointed Mr. Makarand M. Joshi (Membership No: 5533) and in his absence Mrs. Kumudini Bhalerao (Membership No: 6667), Partners of M/s. Makarand M. Joshi & Co., Practising Company Secretaries, Mumbai, as the Scrutinizer to conduct the postal ballot process.

Additional Information

The explanatory statement, draft letter of appointment, and the full postal ballot notice are available for inspection by members electronically upon request. The notice is also available on the company's website (www.marico.com), the websites of BSE (www.bseindia.com) and NSE (www.nseindia.com), and the website of CDSL (www.evotingindia.com).