Marico Limited has announced the appointment of Mr. Girish Paranjpe as an Additional Director in the capacity of Independent Director. His five-year term is effective from June 1, 2026, to May 31, 2031, subject to approval from the company’s shareholders via a postal ballot. Mr. Paranjpe brings extensive corporate experience, having held significant leadership roles at Wipro Limited and serving on the boards of several prominent Indian companies.
Board Appointment Details
The Board of Directors of Marico Limited approved the appointment of Mr. Girish Paranjpe during their meeting held on May 5, 2026. Mr. Paranjpe will serve a tenure of five consecutive years, starting June 1, 2026. This appointment follows the recommendation of the Nomination and Remuneration Committee and will be put forward for formal shareholder approval through a postal ballot process, with details to be provided by the company shortly.
Profile and Expertise
Mr. Paranjpe possesses over 35 years of experience in the corporate sector. Notably, he was associated with Wipro Limited for more than two decades, serving as Joint-CEO of its IT Business from 2008 to 2011, where he managed operations across 54 countries with an employee base exceeding one lakh. His background includes roles at Bloom Energy and Exfinity Venture Partners.
Current Corporate Governance Roles
Beyond his new appointment at Marico, Mr. Paranjpe currently serves as the Non-Executive Independent Chairman of Mphasis Limited. Additionally, he holds Independent Director positions at Axis Bank Limited, Crisil Limited, and Axis Max Life Insurance Limited. He is a commerce graduate and a qualified member of the Institute of Chartered Accountants of India as well as the Institute of Cost Accountants of India.
Source: BSE
