Marico Limited Appoints Girish Paranjpe as Independent Director
Marico Limited's Board of Directors has approved the appointment of Mr. Girish Paranjpe as an Independent Director. The appointment was formalized following the recommendation of the Nomination and Remuneration Committee.Mr. Girish Paranjpe, who holds DIN: 02172725, will serve as an Independent Director for a period of five consecutive years, effective from June 1, 2026, to May 31, 2031. The company is seeking the approval of its shareholders for this appointment via a postal ballot.
Profile and Experience
Mr. Girish Paranjpe brings over 35 years of extensive experience to the corporate and business world. He is a Commerce graduate and a member of both the Institute of Chartered Accountants of India and the Institute of Cost Accountants of India.His professional background includes a significant association with Wipro Limited, one of India's leading software companies. Over two decades with Wipro, he served as a Joint-CEO of the IT Business and a member of the Board of Directors from 2008 to 2011. During this tenure, Mr. Paranjpe managed Wipro's IT business, which had a valuation of USD 5.8 billion and an employee strength exceeding one lakh across 54 countries.
Subsequently, he joined Bloom Energy in 2011 as the Managing Director of Bloom International. He is also recognized as the co-promoter and a General Partner of Exfinity Venture Partners, a venture fund specializing in technology start-ups.
Currently, Mr. Paranjpe serves in several key leadership roles, including:
| Capacity | Company Name |
|---|---|
| Non-Executive Independent Chairman | Mphasis Limited |
| Independent Director | Axis Bank Limited |
| Independent Director | Crisil Limited |
| Independent Director | Axis Max Life Insurance Limited |
| Director | Various other Indian and foreign companies |
MARICO Stock Price Movement
Shares of Marico Limited are edging higher to ₹784.65 as of 2:28 PM today, gaining 0.01% on a modest rise of ₹0.10. The stock sees active trading interest, moving on a total volume of 2.74 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.