Overview

• Survey actions were conducted on Wednesday at multiple Marico locations, including offices, major dealers and factories.
• NDTV Profit, citing unnamed sources, reported that the scrutiny concerns certain foreign funding transactions.
• Marico has not issued any public statement, and authorities have not disclosed official details on the scope or findings.
• Marico shares traded over 1% lower around 10:40 a.m., while the Nifty 50 was up about 0.3%.
• News18 described the operation as part of a broader nationwide exercise, with more information expected.