Marico Bangladesh Limited (Bangladesh)

The Company is a manufacturer and marketer of well-known consumer brand like Parachute, Parachute Beliphool, Aeromtic, Hair Code, Parachute Advansed, Parachute Therapie, Parachute Hair Cream, Parachute After Shower Gel, Camelia and diversified chemicals.
History:
1999:The Company was incorporated on 6 September, 1999 in Bangladesh
2000:The Company Commenced it s operation on 30 January 2000
2008:The Company converted into a public limited company on 21 September 2008
2009:The Company was quoted on Dhaka Stock Exchange and Chittagong Stock Exchange on16 September 2009.
The financial statements were prepared on the basis of accounting year for twelve months from October 1 to September 30 and year ended September 30, 2009. The board has approved a change in the accounting year of the company to commence from April 1 and end on March 31, so as to align it with the accounting year of the holding company, Marico Limited. Therefore, your company has consolidated financial statements and annual report for the period from October 2009 to March 2011 (18 months) for the reporting period and has subsequently commenced the new accounting year from April 1, 2011 onwards for 12 months each.
2012: it started its commercial production at Filling unit, Crushing unit and Refinery unit in 2002, 2012 2017 respectively. Its manufacturing plants are located at Mouchak, Kaliakoir, Gazipur and Shirirchala, Mahona, Bhabanipur, Gazipur.
2023: The company has invested to set up a new manufacturing plant in Mirsharai Economic Zone (MEZ) and started its commercial operation from 4th July 2023. The Company sells its products through its own distribution channels comprising of sales depots located in Gazipur, Chittagong, Bogra and Jessore.