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Marico Ltd

NSE: MARICO BSE: 531642

₹748.30

(2.03)%

Thu, 05 Feb 2026, 07:34 pm

marico ltd History

1988

  • Incorporated as Marico Foods Ltd on 13th October.
  • Obtained Certificate of commencement of business on 22nd November.

1989

  • Changed name to Marico Industries Limited effective 31st October.
  • Entered agreement to purchase unit at Jalgaon from Rasoi Industries.

1990

  • Entered Registered Users Agreement with BOIL for Parachute and Saffola brands.

1993

  • Established plant at Kanjikode, Palghat with 24,000 tons capacity; began operations in May.
  • Saffola won Most Outstanding Brand of the Year Award.

1994

  • Signed agreements with BOIL for Parachute and Saffola trademarks.

1995

  • Acquired SIL brand from KFL for Rs 3 crores.

1996

  • Signed MoU with Karvy Consultants as Registrars to the Issue.
  • Issued 10,00,000 equity shares and promoters offered 26,25,000 for sale.
  • Launched Parachute Herbal.

1997

  • Extended Sweekar to cotton seed and mustard oil.
  • Set up factories near Jalgaon and Jaipur.
  • Launched Sweekar Orange.
  • Extended Parachute as umbrella brand for hair care.
  • Launched Parachute light oil, Nutra Sheen liquid and creme.
  • Selected as Top Performing Global Growth Company by World Economic Forum.

1998

  • Launched Sweekar Refined Soya Oil.
  • Launched Sona sunflower oil.
  • Launched Revive ColourFix.
  • Extended Parachute to Lite and Nutra-Sheen.

1999

  • Reached understanding with BOIL to assign Parachute and Saffola brands.
  • ICRA retained A1+ rating for commercial paper programme.

2000

  • Launched Parachute Dandruff Solution Coconut Hair Oil.
  • Launched branded coconut oil in tamper proof pack with flip top cap.
  • Tied up with International Association of Trichologists.

2001

  • Launched Revive Anti-Bacteria starch.

2002

  • Approved 1:1 bonus redeemable preference shares and increased authorised capital.

2003

  • Appointed Erehwon consultancy for marketing and management innovation.
  • Acquired controlling interest in Sundari LLC.

2004

  • Saffola launched new advertising campaign.
  • High Court approved amalgamation of trading companies with Marico.
  • Announced 1:1 bonus issue.
  • Launched Saffola Gold blend of Ricebran and Kardi oils.
  • Launched Silk-n-Shine post-wash haircare product.

2005

  • MBL acquired soap brand Aromatic.
  • Introduced Mediker Plus in southern market.
  • Arm acquired toilet soap brand in Bangladesh.
  • Changed name to Marico Ltd.

2006

  • Acquired Nihar brand from Hindustan Lever Ltd.
  • Acquired Manjal Herbal Bath Soap brand.
  • Entered Egypt and acquired Fiancee haircare brand.

2007

  • Appointed Mr. Anand Kripalu as Additional Non-Executive Director.
  • Split face value from Rs.10 to Rs.1.
  • Uncommon Sense Campaign won Gold EFFIE; Nihar Naturals and Saffola won Bronze.

2008

  • Appointed Ms. Rachana Lodaya as Company Secretary.
  • Marico Jalgaon awarded CII National Water Management Award.
  • Ranked 2nd in Sourcing Platform Benchmarking Program.

2009

  • Won Best in Class Award from APQO in Large Manufacturing category.
  • Won Greentech Environment Excellence Award in Silver category.

2010

  • Harsh Mariwala awarded Ernst & Young Entrepreneur of the Year in Manufacturing.

2011

  • Entered Vietnam through investment in ICR.
  • Appointed Ms. Hemangi Ghag as Company Secretary.
  • Planned Rs 37 crore investment for Bangladesh facility.

2012

  • Acquired Paras personal care business from Reckitt.
  • Completed acquisition of Halite Personal Care.

2013

  • Established Dehradun Plant at Camp Road.
  • Demerged Kaya Skin Care into Marico Kaya Enterprises.
  • Launched Parachute Advansed Butter Smooth.
  • Shifted registered office to Grande Palladium, Mumbai.

2014

  • Livon launched Cream Conditioning Cream Color.

2015

  • Launched new campaign for Parachute Advansed skin care.
  • Launched campaign for next-generation Livon Serum.
  • Allotted 1:1 bonus shares.

2016

  • Commercial production of value added hair oils commenced in Guwahati, Assam.
  • Livon hair serum launched multimedia marketing campaign.

2017

  • Saffola Masala Oats launched new campaign.

2018

  • Launched True Roots Botanical Hair Tonic.
  • Launched digital exclusive brand Studio X.
  • Made strategic investment in Revolutionary Fitness Private Ltd.

2019

  • Signed MoU with Rajasthan Government for Nihar Shanti Paathshala.
  • Partnered with Future Retail for Plastic Recycling Program.
  • Created 660 million litres water capacity in Jalgaon with Maharashtra Government.
  • Introduced Saffola FITTIFY Gourmet.
  • Launched Coco Soul range.

2020

  • Entered plant-based protein category with Saffola Mealmaker Soya Chunks.
  • Launched Saffola Arogyam Chyawan Amrut Awaleha.
  • Launched Ayurvedic Products.
  • Entered vegetable and fruit hygiene category with Veggie Clean.
  • Collaborated with Swiggy and Zomato for essential food delivery.

2021

  • Onboarded Priya Mani for Saffola Honey campaign.
  • Launched MaricoGreenFootprints planting one tree per member.
  • Launched Saffola Oodles entering instant noodles category.
  • Implemented Eat Right Campus with FSSAI at Gandhinagar Vidhan Sabha.
  • Ranked highest among FMCG companies in CRISIL ESG report.

2022

  • Unveiled Sustainability 2.0 with goals until 2030.
  • Launched Saffola Soya Bhurji.
  • Committed to net-zero emissions by 2040.

2024

  • Celebrated Farmer’s Day in Jalgaon and inaugurated Solar Polyhouse Dryer.
  • Introduced Saffola Masala Millets.
  • Saffola launched four new gourmet flavours.

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