Marico Announces Final Dividend Recommendation
Marico Limited has announced that its Board of Directors, at a meeting held on May 5, 2026, has recommended a final equity dividend of Rs 4.00 per equity share. The recommendation applies to the financial year 2025-26 and is subject to approval from shareholders at the company's ensuing 38th Annual General Meeting.
Dividend Details
The proposed dividend of Rs 4.00 per equity share applies to each share with a face value of Re. 1. This translates to a payout of 400% on the nominal value of each share. The recommendation now awaits confirmation from shareholders at the 38th AGM before the final dividend can be disbursed for FY 2025-26.
- Final equity dividend recommended: Rs 4.00 per share
- Face value per equity share: Re. 1
- Financial year: 2025-26
- Board meeting date: May 5, 2026
- Subject to shareholder approval at 38th AGM
Shareholder Approval Required
As per standard corporate governance practice, the Board of Directors' dividend recommendation must receive endorsement from shareholders. The final dividend will be formally declared only after the 38th Annual General Meeting grants its approval. Shareholders are advised to monitor official announcements from Marico regarding the AGM schedule and relevant voting procedures.
Investment Context
Marico operates in the fast-moving consumer goods sector, marketing hair care, skin care, healthy foods, and male grooming products under brands including Parachute, Saffola, and Livon. The company's dividend recommendation for FY 2025-26 reflects its ongoing capital allocation priorities and financial performance. Investors tracking NSE-listed FMCG stocks often consider dividend history alongside other financial metrics when evaluating investment prospects.
The official filing has been submitted to the National Stock Exchange, where market participants can access the complete corporate announcement. Marico's counter trades on NSE under the symbol MARICO.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors should conduct their own research or consult a qualified financial advisor before making investment decisions. Dividend payments are subject to shareholder approval and regulatory requirements.