BSE FMCG Sector Regulatory Filings — April 17, 2026

Board meeting May 5, 2026, to approve Q4/FY26 audited standalone/consolidated results, signaling timely compliance and potential positive surprises

Recommendation of final equity dividend for FY25-26 at Board meeting May 5, building on historical capital allocation to shareholders

Analyst conference call May 5, 2026, at 5:30 PM IST with MD/CEO Saugata Gupta and Group CFO Pawan Agrawal, offering direct management insights post-Board approval

FY24-25 turnover of ₹108.3 billion with 25% from overseas consumer products, stable base for FY26 results discussion

Investors' conference call May 7, 2026, at 5:00 PM IST with universal dial-in and webcast, enhancing transparency on Q4/FY26 results

Pradeep Rathi and Rahul Rathi disclose intent to acquire shares under SEBI Reg 29(2), indicating promoter conviction and potential stake consolidation

Trading window closed March 26 to May 7, 2026, per SEBI LODR Reg 29, preventing insider selling ahead of results

Closely timed conference calls (May 5 vs May 7) enable relative performance comparison on FY26 results, with Marico's dividend angle adding edge

3/4 filings from core FMCG (Marico x2, Dabur), clustering catalysts for portfolio rebalancing

Low risk level on acquisition disclosure, with opportunities for promoter-led value unlock

Audio recording and transcript to be published on website post-call, aiding post-event analysis

Multiple toll-free dial-ins (India 1800-120-1221, international options) democratize access to guidance

No disclosure on deal size, share count, % stake, valuation, or structure under SEBI Reg 29(2), creating uncertainty

Lack of intent details may lead to market overreaction or stalled momentum

Closed until May 7, 2026, post-results; watch for insider selling upon reopening if results disappoint

Neutral sentiment (4/10 materiality) on conf call; risk of flat guidance amid no forward-looking previews

Neutral sentiment (7/10 and 5/10 materiality); board/analyst meets carry execution risk if FY26 results miss FY24-25 ₹108.3B base

No quantified holdings or transaction details across filings; limited conviction signals vs prior briefs

Non-core FMCG chemical play with acquisition risk if regulatory scrutiny delays

1/4 filings (Sudarshan) with explicit risk factors; others neutral but no enriched period trends to confirm stability

Position ahead of May 5, 2026, dividend recommendation for yield capture, historical capital allocation favors shareholders

Dial-in May 5 for fresh FY27 guidance from CEO/CFO, leveraging 25% overseas revenue stability

May 7 access via Diamond Pass/webcast for Q4/FY26 operational metrics and outlook

Rathi brothers' acquisition intent offers promoter consolidation alpha, low 3/10 materiality undervalued

Relative outperformance potential if dividend confirmed vs peers; compare to Dabur call 2 days later

Pre-May 5/7 positioning across Marico/Dabur for sector rotation if guidance beats FY24-25 trends

Final dividend approval at AGM post-May 5 creates record date catalyst

Monitor for crossing substantial thresholds, potential M&A follow-on

One-way audio webcast enables broad investor participation, flag for guidance upgrades

Post-call transcripts for forensic analysis on international portfolio growth

3/4 filings signal Q4/FY26 results focus (Marico May 5 board/call, Dabur May 7 call), kickstarting FMCG reporting season with May 5-7 density [IMPLICATION: Heightened volatility, pre-position for guidance]

All 4 filings neutral (materiality 3-7/10), no bullish/bearish shifts; reflects procedural announcements vs financial reveals [IMPLICATION: Low conviction trades until results]

Marico's dividend recommendation unique among filings, vs no mentions in Dabur/Sudarshan [IMPLICATION: Shareholder returns theme, watch yield leaders]

Sudarshan Rathi acquisition intent (1/4 filings) as sole transaction signal, potential pattern if peers follow post-window [IMPLICATION: Promoter conviction scan post-May 7]

Multiple dial-ins/webcasts/Diamond Pass across Marico/Dabur (universal +91 22 numbers, toll-free), improving retail access vs historical [IMPLICATION: Broader participation, faster sentiment shifts]

Marico closure to May 7 standard (SEBI LODR Reg 29), no pledges/splits noted across [IMPLICATION: Clean slate for results, monitor reopen trades]

Approve FY26 results, auditor report, dividend rec; May 5, 2026 [CRITICAL for guidance/dividend]

MD/CEO Saugata Gupta, CFO Pawan Agrawal discuss ops/results; May 5, 2026, 5:30 PM IST [WATCH guidance vs FY24-25 ₹108.3B]

Q4/FY26 results discussion; May 7, 2026, 5:00 PM IST [WATCH relative to Marico, operational metrics]

Pradeep/Rahul Rathi share purchases, threshold crossings; Ongoing post-Apr 17, 2026 disclosure [WATCH size/intent updates]

Reopens May 8, 2026; monitor insider buys/sells post-results [WATCH conviction signals]

Shareholder approval of final dividend post-May 5; Record date TBC [WATCH capital allocation execution]

Peer filings for Dabur/Marico comparables; May 2026 window [WATCH YoY/QoQ trends rollout]

Further Reg 29 disclosures on holdings/transactions [WATCH stake evolution]