Marico Rohit Jawa appointed
Marico (MARICO) said Rohit Jawa has been appointed. The company is valued at about ₹1.04 lakh crore.
What happened
Marico (MARICO) told the exchanges on 2 November 2026 at 03:53 PM that Rohit Jawa has been appointed.
Company snapshot
Marico is a large-cap company in the Fast Moving Consumer Goods sector, with a market value of about ₹1.04 lakh crore.
The stock last traded at ₹798.6, against a 52-week range of ₹705.8–₹889.1 (10.2% below the high).
Before this filing the shares had moved +1.6% over the month and −8.1% over three months. Average daily turnover over the last 20 sessions was about ₹139 crore.
Promoters held 58.91% at the end of Q1 FY27, down 0.02% points from the previous quarter; 2.03% of promoter shares were pledged. Foreign institutions owned 23.40% and domestic institutions 13.02%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 3,259 | 504 | 3.9 |
| Q2 FY26 | 3,482 | 420 | 3.24 |
| Q3 FY26 | 3,537 | 447 | 3.45 |
| Q4 FY26 | 3,333 | 391 | 3.04 |
| Q1 FY27 | 3,957 | 630 | 4.86 |
What history shows
This is not the company's first management change disclosure: BCEIE has 2 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 1.4% on average the next trading day and was up 0.5% on average after five days (2 filings with price data).
Across 92 similar disclosures by other Fast Moving Consumer Goods companies, shares moved −1.7% on average the next day and −1.8% over five days; 38% of them rose the next day.
Market-wide, 4,084 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 1 Oct 2026 | Change in Director(s) of the company. | +0.5% | — |
| 1 Jul 2026 | Management change | +2.4% | +0.5% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 2 November 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- Marico Ltd. Share Price Today - Marico Ltd. Stock Price Live NSE/BSE
- Marico Bangladesh Limited. Estimates – DSEBD:MARICO
- Marico reports earnings decline but announces 350% dividend
- Marico Limited (MARICO.NS) Slips 1.10% to ₹766.50, Sitting Exactly at the Midpoint of Its ₹728–₹805 Range - Diamond Pattern
- Marico’s Q2 profit flat as raw material costs bite
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.