Marico Limited (MARICO.NS)

511.20 +5.20 (+1.03%) As of 02:05PM IST. Market open.

Marico Limited

Grande Palladium
7th Floor 175 CST Road Kalina, Santacruz (East)
Mumbai 400098
India
91 22 6648 0480
https://marico.com

Sector(s): Consumer Defensive
Industry: Household & Personal Products
Full-time employees: 1,806

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Saugata Gupta	MD, CEO & Executive Director	151.08M	N/A	1967
Mr. Pawan A. Agrawal	CFO, Executive VP, Head of Finance & Investor Relations	N/A	N/A	N/A
Mr. Vinay M. A.	Company Secretary & Compliance Officer	N/A	N/A	N/A
Dr. Harshraj Charandas Mariwala	Founder & Non-Executive Chairman	37.08M	N/A	1951
Mr. Vrijesh Nagathan	Chief Information & Digital Technology Officer	N/A	N/A	N/A
Mr. Amit Bhasin	Chief Legal Officer & Group General Counsel	N/A	N/A	N/A
Ms. Somasree Bose Awasthi	Chief Marketing Officer	N/A	N/A	1978
Mr. Amit Prakash	Chief Human Resource Officer	N/A	N/A	N/A
Mr. John Mason	Executive VP & MD of Marico South Africa Pty. Limited	N/A	N/A	N/A
Mr. Ashish Goupal	COO of Bangladesh, MENA & NCD Business and CEO of International Business	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

Marico Limited, together with its subsidiaries, manufactures and sells consumer products in India. It offers coconut oils, refined edible oils, hair oils, anti-lice treatments, fabric care, functional and other processed foods, hair creams and gels, hair serums, shampoos, shower gels, shower gels, hair relaxers and straighteners, deodorants, fabric care, female personal care, baby care, and skin care, male grooming, and hygiene products, as well as conditioners. The company markets its products under the Parachute, Saffola, Saffola FITTIFY, Nihar Naturals, Parachute Advansed, Hair & Care, Livon, Set Wet, Mediker, Revive, Beardo, Just Herbs, Coco Soul, Pure Sense, and True Elements brand names in India; and under the Parachute, Parachute Advansed, HairCode, Fiancée, Caivil, Hercules, Black Chic, Code 10, Ingwe, X-Men, Mediker SafeLife, Thuan Phat, Isoplus, Purité De Prôvence, and Ôliv brand names internationally. Its distribution network comprises regional offices, carrying and forwarding agents, redistribution centers, and distributors. The company was incorporated in 1988 and is headquartered in Mumbai, India.

Corporate governance

Marico Limited’s ISS governance QualityScore as of 1 April 2024 is 4. The pillar scores are Audit: 5; Board: 4; Shareholder rights: 1; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.