This is to inform you that the Securities Issue Committee of the Board of Directors of the Company vide a resolution passed on May 25, 2022, has allotted 20,480 equity shares of face value of Re. 1 each of the Company under various Schemes of ESOP 2016, to the eligible grantees, pursuant to exercise of stock options granted thereunder. Kindly take the above on record and oblige.
This is to inform you that Marico Limited ('Marico' or 'Company') has made a strategic investment and acquired stake in HW Wellness Solutions Private Limited, a leading Digital first brand in the healthy breakfast and snack segment under the brand name 'True Elements' (herein after referred to as 'HW Wellness'). As part of the aforesaid transaction, the Company has acquired 53.98% of the paid-up share capital of HW Wellness and it has accordingly become a subsidiary of the Company. Kindly take the same on record.
Pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the disclosure of Related Party Transactions on a consolidated basis, for the half year ended March 31, 2022. This disclosure is being made available on the website of the Company. Kindly take the same on record.
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the management of the Company will be attending 'J.P. Morgan India Consumer CEO Access Day' today i.e. on May 20, 2022 through Video Conference. Kindly take the same on record.
This is to further to our letter dated April 13, 2022, submitting the Postal Ballot Notice along with explanatory statement, seeking approval of the Members of the Company on the special resolutions. Pursuant to the provisions of Section 110 of the Companies Act, 2013 read with the rules made thereunder, the Company conducted the postal ballot by remote e-voting process as set out in the Notice. Mr. Makarand M. Joshi and in his absence Mrs. Kumudini Bhalerao, Partners of M/s. Makarand M. Joshi & Co., Practising Company Secretaries, Mumbai, were appointed as the Scrutinizer for this purpose. The remote e-voting period commenced at 9:00 a.m. IST on Friday, April 15, 2022 and concluded at 5:00 p.m. IST on Saturday, May 14, 2022. As per Regulation 44(3) of the SEBI LODR, please find enclosed the details of voting results and report of the Scrutinizer thereon. All special resolutions have been passed by the Members with requisite majority through Postal Ballot by remote e-voting process.
Pursuant to Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the relevant Circular(s) issued by SEBI from time to time, please find enclosed the Annual Secretarial Compliance Report for the financial year ended March 31, 2022. Kindly take the same on record.
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, copy of transcript of the earnings conference call held on Thursday, May 5, 2022 on the audited financial results and operations of the Company for the quarter and financial year ended March 31, 2022, is enclosed. This is for your information and records.