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Marico Limited was established on 13 October 1988 under the name of Marico Foods Limited. Later, in 1989 the name of the company was changed from Marico Foods Limited to Marico Industries Limited. [9] The first International office for Marico was set up in Dubai in year 1992. Marico was first listed on the Indian stock exchange in 1996. [10 ...
Parachute is the flagship brand of Marico. Before the 1992 economic liberalisation in India, the government classified vegetable oils as an essential commodity. [1] In the late 1990s, Marico made its first serious entry into foreign markets by setting up a manufacturing plant in Bangladesh. Parachute's market share rose to 70% within ten years. [1]
Ashuganj Fertilizer and Chemical Company Limited; Ashuganj Power Station Company Limited; Bakhrabad Gas Distribution Company Limited; Bangladesh Agricultural Development Corporation; Bangladesh Blade Factory Limited; Bangladesh Chemical Industries Corporation; Bangladesh Communication Satellite Company Limited; Bangladesh Diesel Plant Limited
In India, Marico bought the hair care brand Nihar from Hindustan Unilever in 2006 and personal care brands Set Wet, Livon and Zatak from Reckitt Benckiser in 2016. [1] In 2003, Mariwala spotted an opportunity in the skin care clinics space and founded Kaya Limited as a subsidiary of Marico. In 2013, when Kaya was demerged from Marico and listed ...
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KDS Group is a business and industrial conglomerates of Bangladesh, which is based in Chittagong [1] but with extensive operations in Dhaka as well. [2] It has also established offices and agencies in India, Hong Kong and is expanding into Europe and North America.
She is the chairperson of Shasha Denims Limited. [18] In February 2018, she announced plans to buy a 40 per cent stake in EOS Textile Limited. [18] Mahmud, then chairperson of MIDAS Financing Limited, [19] was made a trustee of Transparency International Bangladesh in June. [20] Mahmud was awarded the Anannya Top Ten Awards in 2018. [21]
Harsh Mariwala conceptualized the prototype of Kaya Skin Clinic at Marico's corporate office in 2002. [9] The company was incorporated on 27 March 2003 as part of Marico Limited. [10] In 2010, Kaya Limited acquired Singapore-based company Derma Rx, which they later divested to KV Asia Capital in December 2013. [11]