Marico Limited announces the completion of the voluntary liquidation of its wholly-owned step-down subsidiary, MBL Industries Limited (MBLIL) in Bangladesh. The liquidation is effective from September 18, 2025, following the official winding-up order issued by the Registrar of Joint Stock Companies and Firms, Bangladesh (RJSC&F). MBLIL had remained dormant since 2009.
Subsidiary Liquidation
Marico Limited has completed the voluntary liquidation of MBL Industries Limited (MBLIL), its wholly-owned step-down subsidiary in Bangladesh. The Winding Up Certificate was issued by the Registrar of Joint Stock Companies and Firms, Bangladesh (RJSC&F) and received by the Company on October 12, 2025.
Effective Liquidation Date
The liquidation is effective from September 18, 2025. This follows the date on which RJSC&F formally recorded the winding up of MBLIL. MBLIL had remained dormant since 2009.
Financial Details
As of February 15, 2025 (date of approval of liquidation):
- Turnover: Nil
- Income/(Loss): BDT (1,658,191)
- Net worth: BDT 2,602,940
Source: BSE