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Marico Limited ( (IN:MARICO) ) has issued an announcement.
Marico Limited has announced an intra-group restructuring as part of its digital-first strategy, integrating its subsidiary Apcos Naturals Private Limited, known for the ‘Just Herbs’ brand, into the parent company. This move aims to enhance operational synergies, optimize costs, and streamline the corporate structure, with no material impact on the company’s consolidated financials, as Apcos contributes only 0.91% to the overall turnover.
More about Marico Limited
Marico Limited operates in the consumer goods industry, focusing on health, beauty, and wellness products. The company is known for its brands in hair care, skin care, edible oils, and healthy foods, with a market focus on delivering value through innovation and consumer-centric strategies.
Average Trading Volume: 95,824
Technical Sentiment Signal: Buy
Current Market Cap: 922B INR
For an in-depth examination of MARICO stock, go to TipRanks’ Overview page.