Marico Limited announced the resignation of Mr. Akash Banerji, EVP & Head of Digital Transformation and Beauty & Styling, Digital Business. Mr. Banerji is leaving to pursue entrepreneurial opportunities outside the organization. His last working day is set for May 31, 2026, following his resignation letter tendered on February 6, 2026. The company confirmed the change in Senior Management Personnel (SMP) as per regulatory requirements.
Change in Senior Management Personnel at Marico
Marico Limited has officially informed exchanges regarding a change within its Senior Management Personnel (SMP) structure. This announcement pertains to the departure of a key executive who has decided to transition to new ventures.
Details of Resignation
The executive involved is Mr. Akash Banerji, who held the position of EVP & Head, Digital Transformation and Beauty & Styling, Digital Business. Mr. Banerji tendered his resignation on February 6, 2026. The underlying reason cited for his departure is the decision to pursue entrepreneurial opportunities outside of Marico.
His official cessation date, subject to the company’s service rules, has been confirmed as the close of business on May 31, 2026.
Regulatory Disclosure Compliance
The company provided the necessary disclosures as required under the applicable regulations, including the requisite details listed in Annexure I, confirming that Mr. Banerji had no disclosed relationships with other directors.
The disclosure, signed by Company Secretary & Compliance Officer Vinay M A on February 12, 2026, has also been made available on the official Marico investor relations website.
Source: BSE
