Marico shareholders and shareholding pattern

NSE: MARICOBSE: 531642Agricultural Food & other ProductsMid Cap

Marico Limited · Formerly Marico Industries · Face value ₹1 · Listed May 1996

₹769.65₹6.50 (0.84%)BSE ₹772.45

Share price at the NSE close on 28 Oct 2026. Previous close ₹776.15.

28 Oct: open ₹773.00, high ₹776.50, low ₹762.25

52-week range of traded prices to 28 Oct 2026

₹705.80Low, 7 Nov 2025₹889.10High, 30 Jul 2026

Next results date: the board meets on 2 Nov 2026 to consider: financial results. The notice · Results calendar

Market cap: ₹1,00,070 Cr110th largest listed
P/E: 53.00
P/B: 23.77
Dividend yield: 0.52%
ROE: 46.1%
ROCE: 47.0%
Debt to equity: 0.08
Volume, NSE: 8,32,40964.6% delivered

Marico's shareholding pattern for Sep 2026, filed on 19 Oct 2026, with every filing from Dec 2016: who owns its shares by group, its promoters by name and its public holders of 1% or more.

Who owns Marico, filing by filing

Per cent of the company's shares.

Sep 2026 filing

Promoters58.83%
Foreign institutions22.26%
Indian institutions14.10%
GovernmentsNone
Individuals and others4.52%
Employee trusts0.29%

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign institutions
Indian institutions
Governments
Individuals and others
Employee trusts

Per cent	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	59.73%	59.72%	59.72%	59.71%	59.71%	59.71%	59.71%	59.71%	59.71%	59.71%	59.70%	59.60%	59.60%	59.60%	59.62%	59.61%	59.61%	59.61%	59.61%	59.52%	59.51%	59.49%	59.48%	59.48%	59.48%	59.42%	59.42%	59.40%	59.39%	59.35%	59.28%	59.20%	59.11%	59.05%	59.03%	58.94%	58.93%	58.93%	58.91%	58.83%
Indian promoters	59.59%	59.58%	59.58%	59.57%	59.57%	59.57%	59.57%	59.57%	59.57%	59.57%	59.56%	59.46%	59.46%	59.46%	59.48%	59.47%	59.47%	59.47%	59.47%	59.44%	59.42%	59.40%	59.40%	59.40%	59.39%	59.39%	59.39%	59.37%	59.36%	59.35%	59.28%	59.20%	59.11%	59.05%	59.03%	58.94%	58.93%	58.93%	58.91%	58.83%
Foreign promoters	0.14%	0.14%	0.14%	0.14%	0.14%	0.14%	0.14%	0.14%	0.14%	0.14%	0.14%	0.14%	0.14%	0.14%	0.14%	0.14%	0.14%	0.14%	0.14%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%	0.03%	0.03%	0.03%	0.03%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	40.07%	40.06%	40.06%	40.07%	40.14%	40.14%	40.14%	40.14%	40.22%	40.21%	40.21%	40.32%	40.33%	40.32%	40.30%	40.31%	40.29%	40.29%	40.29%	40.38%	40.40%	40.40%	40.41%	40.41%	40.43%	40.47%	40.48%	40.49%	40.53%	40.54%	40.61%	40.69%	40.81%	40.83%	40.85%	40.80%	40.85%	40.88%	40.91%	40.88%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	25.00%	25.07%	24.97%	24.96%	25.91%	25.69%	25.54%	24.61%	24.87%	23.36%	22.08%	23.62%	24.21%	24.01%	24.08%	23.40%	22.26%
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	25.07%	24.08%	24.02%	24.96%	24.77%	24.64%	23.72%	24.05%	22.30%	21.04%	22.53%	23.12%	22.89%	22.88%	22.27%	21.15%
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	25.00%	Under 0.01%	0.89%	0.94%	0.95%	0.92%	0.91%	0.89%	0.82%	1.05%	1.05%	1.09%	1.09%	1.13%	1.20%	1.13%	1.10%
Other foreign institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	10.33%	10.26%	10.42%	10.55%	9.82%	9.96%	10.09%	11.30%	11.21%	12.86%	14.21%	12.71%	11.99%	12.34%	12.30%	13.02%	14.10%
Mutual funds	1.14%	1.37%	1.53%	1.55%	1.80%	2.31%	3.38%	3.70%	4.47%	4.20%	4.56%	4.12%	3.91%	3.89%	3.35%	2.49%	2.12%	2.00%	1.81%	2.73%	2.64%	2.89%	2.75%	2.91%	2.88%	3.17%	3.29%	2.99%	3.08%	3.12%	5.04%	4.92%	6.32%	7.46%	7.72%	8.39%	9.21%	8.63%	8.43%	9.19%
Insurance companies	2.60%	2.59%	2.51%	3.89%	3.89%	3.88%	3.89%	3.09%	1.13%	1.11%	1.11%	3.71%	4.31%	2.66%	2.47%	2.81%	2.84%	2.63%	2.43%	5.46%	5.64%	5.55%	5.58%	5.79%	5.63%	5.48%	5.61%	5.48%	5.72%	6.02%	5.91%	5.80%	5.83%	5.82%	4.34%	3.01%	2.91%	3.41%	4.31%	4.46%
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.14%	0.12%	0.12%	Under 0.01%	Under 0.01%	0.01%	Under 0.01%	0.04%	0.10%	0.11%	0.13%	Under 0.01%	0.04%	0.02%	0.03%	0.02%	0.08%
Provident and pension funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.94%	1.09%	1.18%	1.28%	1.01%	0.79%	0.60%	0.06%	0.20%	0.40%	0.63%	0.46%	0.34%	–	0.01%	0.02%	0.13%
Alternative investment funds	–	–	–	–	0.05%	0.14%	0.20%	0.30%	0.26%	0.05%	0.06%	0.07%	0.02%	0.05%	0.09%	0.04%	0.04%	0.04%	0.05%	0.06%	0.07%	0.09%	0.10%	0.07%	0.06%	0.04%	0.02%	0.02%	0.03%	0.04%	0.05%	0.02%	0.02%	0.07%	0.08%	0.09%	0.08%	0.08%	0.08%	0.07%
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.39%	0.38%	0.34%	0.25%	0.23%	0.23%	0.21%	0.10%	0.08%	0.08%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Other financial institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	–
Sovereign wealth funds, Indian	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.09%	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.11%	0.11%	0.13%	0.15%	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	0.17%
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.17%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	0.00%	0.00%	0.00%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Central government	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	0.00%	0.00%	0.00%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5.08%	5.10%	5.08%	4.97%	4.76%	4.88%	4.91%	4.69%	4.61%	4.60%	4.53%	4.52%	4.60%	4.50%	4.50%	4.49%	4.52%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.74%	3.73%	3.74%	3.64%	3.45%	3.57%	3.61%	3.35%	3.23%	3.30%	3.23%	3.22%	3.27%	3.20%	3.17%	3.16%	3.19%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.49%	0.50%	0.50%	0.50%	0.50%	0.50%	0.51%	0.49%	0.49%	0.49%	0.51%	0.51%	0.49%	0.49%	0.49%	0.49%	0.49%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.24%	0.24%	0.25%	0.23%	0.22%	0.22%	0.19%	0.20%	0.26%	0.22%	0.21%	0.20%	0.23%	0.18%	0.18%	0.18%	0.21%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.33%	0.33%	0.33%	0.32%	0.32%	0.33%	0.33%	0.32%	0.32%	0.32%	0.33%	0.33%	0.33%	0.34%	0.34%	0.34%	0.34%
Foreign nationals	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.05%	0.08%	0.07%	0.07%	0.07%	0.07%	0.08%	0.09%	0.09%
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.00%	Under 0.01%	Under 0.01%	Under 0.01%	0.00%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.01%	0.01%	0.01%	0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.20%	0.21%	0.19%	0.18%	0.19%	0.19%	0.20%	0.26%	0.25%	0.19%	0.17%	0.17%	0.18%	0.19%	0.21%	0.21%	0.17%
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.06%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.03%	Under 0.01%	Under 0.01%	0.02%	Under 0.01%	0.01%	0.07%	0.08%	Under 0.01%	Under 0.01%	Under 0.01%	0.01%	0.01%	0.02%	0.03%	0.02%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.12%	0.11%	0.11%	0.11%	0.11%	0.11%	0.11%	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	0.01%	0.01%	0.01%	0.03%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.06%	0.06%	0.06%	0.06%	0.05%	0.04%	0.04%	0.03%	0.04%	0.03%	0.03%	0.03%	0.04%	0.05%	0.04%	0.01%
Employees	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–	–	–	–	–	–
Employee Welfare Fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.01%	0.01%	–	–
Independent Director or his relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%
Trusts (Employees)	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	Under 0.01%
Employee trusts	0.21%	0.22%	0.22%	0.22%	0.15%	0.15%	0.15%	0.15%	0.07%	0.08%	0.08%	0.08%	0.07%	0.08%	0.08%	0.08%	0.10%	0.10%	0.10%	0.10%	0.10%	0.11%	0.11%	0.11%	0.09%	0.11%	0.11%	0.11%	0.08%	0.11%	0.11%	0.11%	0.08%	0.12%	0.12%	0.26%	0.22%	0.19%	0.17%	0.29%
Promoter shares pledgedShare of the promoters' own shares	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.13%	0.13%	0.13%	0.13%	0.13%	0.13%	0.13%	0.13%	0.13%	0.13%	2.03%	2.03%	2.03%	2.03%	2.03%	2.03%
Shares in issue	1,29,03,71,198	1,29,04,71,198	1,29,04,71,198	1,29,07,71,198	1,29,07,71,198	1,29,08,64,398	1,29,08,64,398	1,29,08,64,398	1,29,08,64,398	1,29,08,64,398	1,29,09,44,398	1,29,09,44,398	1,29,09,44,398	1,29,10,18,088	1,29,10,75,928	1,29,12,30,848	1,29,12,74,628	1,29,13,49,998	1,29,13,89,088	1,29,19,43,128	1,29,23,66,398	1,29,27,87,278	1,29,29,26,778	1,29,29,57,538	1,29,30,19,388	1,29,30,84,378	1,29,31,77,368	1,29,35,96,488	1,29,38,51,918	1,29,41,01,828	1,29,46,34,663	1,29,47,42,723	1,29,52,49,082	1,29,54,97,599	1,29,59,99,290	1,29,79,35,668	1,29,80,87,659	1,29,81,48,935	1,29,83,86,399	1,30,02,04,050

Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. Pledged is the share of the promoters' own shares given to lenders as security. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of Marico shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
All shareholders	64,235	62,906	62,213	60,748	62,973	63,318	67,120	74,008	80,901	89,844	90,551	98,555	1,27,468	1,70,865	1,79,505	1,81,160	1,83,003	2,07,710	2,06,599	2,72,808	2,94,460	3,32,229	3,39,017	3,43,641	3,44,575	3,47,569	3,30,907	3,08,025	3,16,579	3,18,556	2,99,154	3,02,183	3,00,805	2,86,770	2,88,218	2,89,152	2,82,209	2,87,764	2,93,560	2,98,597
	24	23	23	23	23	23	23	23	23	22	22	24	24	24	24	24	24	24	25	27	27	27	26	26	26	26	26	26	26	25	25	25	28	30	30	30	30	29	29	29
Indian promoters	23	22	22	22	22	22	22	22	22	21	21	23	23	23	23	23	23	23	23	25	25	25	24	24	24	24	24	24	24	24	24	24	27	29	29	29	29	28	28	28
Foreign promoters	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	2	2	2	2	2	2	2	2	2	2	1	1	1	1	1	1	1	1	1	1	1
	64,210	62,882	62,189	60,724	62,949	63,294	67,096	73,984	80,877	89,821	90,528	98,530	1,27,443	1,70,840	1,79,480	1,81,135	1,82,978	2,07,685	2,06,573	2,72,780	2,94,432	3,32,201	3,38,990	3,43,614	3,44,548	3,47,542	3,30,880	3,07,998	3,16,552	3,18,530	2,99,128	3,02,157	3,00,776	2,86,739	2,88,187	2,89,121	2,82,178	2,87,734	2,93,530	2,98,567
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	761	735	738	744	777	757	743	768	790	806	796	939	922	947	952	962	1,002
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	733	695	704	739	723	712	729	759	776	763	891	872	893	899	910	954
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	759	1	42	39	37	34	31	39	31	30	33	48	50	54	53	52	48
Other foreign institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	0	0	0	0	0	0	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	68	68	71	66	64	67	67	78	75	78	84	92	103	101	102	108	103
Mutual funds	42	40	54	45	19	21	24	29	27	26	30	33	30	28	31	28	29	27	27	26	29	27	27	26	25	26	26	24	28	28	31	33	34	37	39	43	42	42	43	44
Insurance companies	9	13	12	12	5	5	6	5	6	5	5	22	21	24	26	25	26	21	21	22	21	22	21	21	21	22	24	24	21	19	21	23	25	24	26	28	28	29	30	30
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	3	3	1	1	2	2	3	3	2	2	3	4	3	2	2	2
Provident and pension funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	1	1	1	1	1	1	1	1	1	1	1	1	1	–	1	1	1
Alternative investment funds	–	–	–	–	1	3	4	4	5	5	4	4	5	7	7	5	6	5	7	9	8	10	12	9	10	11	7	7	8	8	13	7	8	13	16	20	21	21	23	17
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6	6	6	5	5	5	7	7	6	6	5	5	5	5	5	7	7
Other financial institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–
Sovereign wealth funds, Indian	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	2
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	0	0	0	1	1	1	2	1	–	1	1	1	1	1
Central government	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	0	0	0	1	1	1	2	1	–	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3,42,784	3,43,744	3,46,732	3,30,070	3,07,157	3,15,728	3,17,719	2,98,281	3,01,291	2,99,890	2,85,858	2,87,156	2,88,095	2,81,129	2,86,679	2,92,459	2,97,461
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3,32,971	3,34,075	3,36,903	3,20,743	2,98,332	3,06,674	3,08,645	2,89,579	2,92,385	2,90,949	2,76,945	2,77,660	2,78,299	2,71,324	2,76,624	2,82,135	2,86,941
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	12	13	13	13	13	13	13	12	12	12	13	13	12	12	12	12	12
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	826	816	799	752	687	725	696	716	711	692	694	697	703	685	664	660	719
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6,227	6,135	6,280	6,031	5,842	5,912	5,928	5,718	5,931	5,950	6,028	6,399	6,551	6,629	6,861	7,054	7,134
Foreign nationals	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3	3	3	3	3	3	3	3	3	4	4	4	4	4	4	4	4
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	2	2	1	1
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	0	1	1	1	0	1	1	1	1	1	2	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2,742	2,699	2,731	2,525	2,278	2,398	2,431	2,250	2,247	2,280	2,171	2,380	2,523	2,471	2,509	2,591	2,648
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	90	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	75	29	43	12	7	7	9	8	11	8	7	7	41	29	33	34	36
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2,560	2,571	2,596	2,437	2,204	2,319	2,348	2,160	2,150	2,183	2,079	2,279	2,378	2,344	2,380	2,457	2,548
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	17	14	14	13	10	10	12	11	14	14	13	18	17	17	14	14	18
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	85	78	63	57	60	60	69	70	73	70	76	84	78	79	81	43
Employees	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2	2	–	–	–	–	–	–
Employee Welfare Fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3	3	3	–	–
Independent Director or his relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2
Trusts (Employees)	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3	1
Employee trusts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1

Marico promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is Harsh C Mariwala with Rajen K Mariwala for Valentine Family Trust, 11.07%. The filing names 4 more members with no shares.Promoter buying and selling

Holder
Harsh C Mariwala with Rajen K Mariwala for Valentine Family TrustIndividuals and Hindu undivided families	11.07%	14,38,84,950	0.00%
Harsh C Mariwala with Ravindra K Mariwala for Taurus Family TrustIndividuals and Hindu undivided families	11.07%	14,38,90,750	0.00%
Harsh C Mariwala with Rajen K Mariwala for Aquarius Family TrustIndividuals and Hindu undivided families	11.07%	14,38,71,950	0.00%
Harsh C Mariwala with Ravindra K Mariwala for Gemini Family TrustIndividuals and Hindu undivided families	11.07%	14,38,86,350	0.00%
Rajvi H MariwalaIndividuals and Hindu undivided families	2.18%	2,84,08,000	0.00%
Harsh C MariwalaIndividuals and Hindu undivided families	2.16%	2,81,02,900	0.00%
Rishabh H MariwalaIndividuals and Hindu undivided families	1.92%	2,49,76,500	0.00%
Ravindra K MariwalaIndividuals and Hindu undivided families	1.72%	2,24,23,410	13.38%
Sharrp Ventures Capital Private Limited (Formerly The Bombay Oil Private Limited)Indian companies, trusts and others	1.41%	1,82,97,000	0.00%
Archana H MariwalaIndividuals and Hindu undivided families	1.30%	1,69,66,600	0.00%
Paula R MariwalaIndividuals and Hindu undivided families	1.05%	1,36,48,079	27.84%
Anjali R MariwalaIndividuals and Hindu undivided families	0.99%	1,29,19,050	36.38%
Rajen K MariwalaIndividuals and Hindu undivided families	0.56%	72,81,400	54.93%
Rishabh Mariwala with Priyanjali Mariwala for Valley of Light TrustIndividuals and Hindu undivided families	0.42%	54,00,000	0.00%
Rishabh Mariwala with Priyanjali Mariwala for Valour TrustIndividuals and Hindu undivided families	0.42%	54,00,000	0.00%
Malika Chirayu AminIndividuals and Hindu undivided families	0.13%	17,34,000	0.00%
Pallavi Jaikishan PanchalIndividuals and Hindu undivided families	0.09%	11,65,334	0.00%
Anandita Arjun KothariIndividuals and Hindu undivided families	0.08%	10,00,000	0.00%
Taarika Rajen MariwalaIndividuals and Hindu undivided families	0.08%	10,00,000	0.00%
Yogesh Jaikishan PanchalIndividuals and Hindu undivided families	0.03%	3,33,333	0.00%
Chaitanya Jaikishan PanchalIndividuals and Hindu undivided families	0.02%	2,58,334	0.00%
Naintara Shaunak AminIndividuals and Hindu undivided families	0.00%	16,500	0.00%
Late Kishore V Mariwala for Vibhav TrustIndividuals and Hindu undivided families	0.00%	6,700	0.00%
Late Kishore V Mariwala for Taarika TrustIndividuals and Hindu undivided families	0.00%	6,700	0.00%
Vibhav R MariwalaNon-resident and foreign individuals	0.00%	2,000	0.00%
Late Kishore V Mariwala for Arnav TrustIndividuals and Hindu undivided families	0.00%	6,700	0.00%
Late Kishore V Mariwala for Anandita TrustIndividuals and Hindu undivided families	0.00%	6,700	0.00%
Inaaya Shaunak AminIndividuals and Hindu undivided families	0.00%	16,500	0.00%
Pranav Chirayu Amin with Barkha Pranav Amin for Gallup TrustIndividuals and Hindu undivided families	0.00%	33,000	0.00%

Pledged is the share of the holder's own shares pledged to a lender.

Largest public holders of Marico, filing by filing

Per cent, on the same shares as the split above.Mutual funds holding Marico

Holder	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
LIFE INSURANCE CORPORATION OF INDIAInsurance companies	1.86%	1.86%	–	–	–	–	3.61%	2.84%	–	–	–	1.21%	3.13%	3.66%	3.66%	4.80%	4.84%	5.29%	5.25%	3.41%	3.71%	3.69%	3.97%	4.01%	3.84%	3.63%	3.66%	3.78%	3.88%	4.48%	4.51%	4.52%	4.45%	4.34%	2.69%	1.33%	1.14%	1.18%	1.67%	1.65%
Government Pension Fund GlobalForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.03%	1.12%	1.04%	–	–	1.19%	–	1.03%	1.04%	1.24%	1.35%	1.59%	1.68%	1.33%	–
First Sentier Investors Icvc - Stewart Investors Asia Pacific Leaders FundForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.15%	1.15%	–	–	–	–
First Sentier Investors Icvc - Stewart Investors Asia Pacific Leaders Sustainability FundForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4.06%	4.06%	4.06%	4.06%	4.24%	4.24%	4.24%	3.90%	3.17%	3.35%	3.14%	2.64%	2.64%	2.64%	1.77%	1.15%	–	–	–	–	–	–
Nps Trust- A/C Uti Retirement Solutions Pension Fund Scheme - State GovtProvident and pension funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.09%	1.18%	–	1.01%	–	–	–	–	–	–	–	–	–	–	–	–
Nps Trust- A/C Sbi Pension Fund Scheme - State GovtProvident and pension funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.28%	–	–	–	–	–	–	–	–	–	–	–	–	–
First State Investments Icvc- Stewart Investors Asia Pacific Leaders FundInstitutions Foreign Portfolio Investor	–	4.62%	4.12%	3.64%	–	–	3.64%	3.64%	3.64%	3.25%	3.94%	3.99%	3.99%	3.99%	3.99%	3.99%	3.99%	4.06%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Arisaig India Fund LimitedInstitutions Foreign Portfolio Investor	–	–	–	2.22%	–	–	2.22%	2.22%	2.03%	2.03%	2.03%	2.03%	2.03%	1.27%	1.27%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Icici Prudential Life Insurance Company LimitedInsurance companies	–	–	–	–	–	–	–	–	–	–	–	1.05%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Kuwait Investment Authority - Fund No. 208Institutions Foreign Portfolio Investor	–	–	–	–	–	–	1.46%	1.26%	1.29%	1.30%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
(i) First State Investments Icvc- Stewart Investors Asia Pacific Leaders FundInstitutions Foreign Portfolio Investor	–	–	–	–	3.64%	3.64%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
(i) Life Insurance Corporation of IndiaInsurance companies	–	–	1.86%	2.76%	3.61%	3.61%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
(ii) Cartica Capital LtdInstitutions Foreign Portfolio Investor	–	–	–	–	2.59%	2.26%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
(iii) Arisaig India Fund LimitedInstitutions Foreign Portfolio Investor	–	–	–	–	2.22%	2.22%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
(iv) Kuwait Investment Authority - Fund No. 208Institutions Foreign Portfolio Investor	–	–	–	–	–	1.25%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Prazim Trading and Investment Co. Pvt. Ltd.Other non-institutions	–	1.27%	1.27%	–	–	1.14%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
(i) Prazim Trading and Investment Co. Pvt. Ltd.Other non-institutions	–	–	–	1.27%	1.27%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
(iv) Kuwait Investment Authority Fund 223Institutions Foreign Portfolio Investor	–	–	–	–	1.19%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Cartica Capital LtdInstitutions Foreign Portfolio Investor	1.54%	1.93%	2.30%	2.37%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Arisaig Partners (Asia) Pte Ltd. A/C Arisaig India Fund LimitedInstitutions Foreign Portfolio Investor	2.73%	2.22%	2.22%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
National Westminster Bank Plc As Depositary of First State Asia Pacific Leaders Fund A Sub Fund of First State Investments IcvcInstitutions Foreign Portfolio Investor	4.62%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Hasham Investment and Trading Company Private LimitedOther non-institutions	1.25%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here: each fund's holding is on the Mutual funds tab, from its own portfolio. A dash is a filing that did not name the holder, which includes holding under one per cent.

Who moved in the Sep 2026 filing

Against the Jun 2026 filing. A filing names a public holder only at 1% or more, so a holder no longer named fell under 1% or sold out.

Foreign institutions: Government Pension Fund Global no longer named, from 1.33%
Indian institutions: LIFE INSURANCE CORPORATION OF INDIA 1.65%, −0.02 pts

Persons acting in concert

From the filing for Sep 2026.

Name	Holding	Shares
FIRST SENTIER INVESTORS	0.08%	10,45,106

Shareholders who act together in the company, with what each holds. The list can repeat holders shown above, under another name or as one of a fund house's schemes.