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The latest announcement is out from Marico Limited ( (IN:MARICO) ).
Marico Limited has completed the acquisition of a 93.27% stake in Zea Maize Private Limited, the company that owns the premium popcorn brand 4700BC, from PVR INOX Limited, effective January 29, 2026, making Zea Maize a subsidiary. The deal signals Marico’s continued push into value-added snacking and premium food segments, broadening its branded consumer portfolio and potentially enhancing its competitive positioning in India’s rapidly growing packaged snacks market.
More about Marico Limited
Marico Limited is a fast-moving consumer goods company based in India, known for its portfolio of nutritional, personal care, and wellness brands sold across domestic and international markets. Listed on the BSE and NSE, it focuses on building scalable consumer brands and strengthening its presence in high-growth consumer categories.
Average Trading Volume: 80,180
Technical Sentiment Signal: Buy
Current Market Cap: 968.2B INR
See more insights into MARICO stock on TipRanks’ Stock Analysis page.