Announced Mon, 1 Jun, 2026 · 19:42 IST
Emami completes 59.69 percent acquisition of IncNut Digital, makes it a subsidiary
EMAMILTD · price
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Price reaction · full curve 14 horizons · vs prior close
-2.8%1-day move
₹398.00
prior close
₹397.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-0.5-1.0-1.0-2.8-1.9-3.2-3.0-1.3-3.0+0.9+4.7+2.0-7.6
Up moveDown movePending
AI summary
Emami Limited has completed the acquisition of 2,05,767 equity shares (59.69 percent stake) in IncNut Digital Private Limited, making it a subsidiary of Emami. The remaining 0.31 percent stake (1064 shares) will be acquired later as per the terms of the Share Subscription and Purchase Agreement. Earlier intimation on the deal details was submitted on 7th May, 2026.
Likely market impact
Emami now fully consolidates IncNut Digital, expanding its digital business presence. Remaining 0.31 percent stake acquisition is still pending.