Key Resolution Details
The company sought shareholder approval through a Special Resolution for the appointment of Mr. Girish Paranjpe (DIN: 02172725) as an Independent Director of the Company effective from June 1, 2026.
Voting Process and Timeline
- Postal Ballot Notice dated: May 5, 2026
- Remote e-voting period: May 15, 2026 (9:00 AM IST) to June 13, 2026 (5:00 PM IST)
- Record date/Cut-off date: May 8, 2026
- Total number of shareholders as on record date: 297,685
- Scrutinizer: Mr. Makarand M. Joshi and in his absence Mrs. Kumudini Bhalerao, Partners of M/s. Makarand M. Joshi & Co., Practising Company Secretaries, Mumbai
Voting Results Breakdown
| Category | Shares Held | Votes Polled | % Votes Polled | Votes in Favor | Votes Against | % in Favor |
| Promoter and Promoter Group | 76,49,42,740 | 76,49,42,740 | 100.0000% | 76,49,42,740 | 0 | 100.0000% |
| Public - Institutions | 47,21,57,010 | 4,06,89,9,785 | 86.1789% | 39,35,96,554 | 1,33,03,231 | 96.7306% |
| Public - Non-Institutions | 6,12,04,368 | 16,03,118 | 2.6193% | 15,81,511 | 21,607 | 98.6522% |
| Total | 1,29,83,04,118 | 1,17,34,45,643 | 90.3830% | 1,16,01,20,805 | 1,33,24,838 | 98.8645% |
Resolution Outcome
The special resolution has been passed by the Members with requisite majority through Postal Ballot by remote e-voting process.
Additional Voting Details
- No invalid votes were cast
- No abstained votes were cast
- Voting rights on shares transferred to 'Unclaimed Suspense Account' and 'Investor Education and Protection Fund' are frozen
- Foreign Portfolio Investor voting restrictions under SEBI Master Circular did not apply
Document Availability
The voting results and Scrutinizer's report are available on:
- Company website: https://marico.com/india/investors/shareholder/general-meeting
- CDSL website: https://www.evotingindia.com