Emami Limited has informed the Exchange regarding a press release dated April 02, 2026, titled "Emami to acquire complete stake in Axiom Ayurveda Pvt Ltd ( Alofrut )".
EMAMILTD · price
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On the reaction day the stock moved 0.6 pts more than Nifty Smallcap 250 and 0.9 pts more than its Personal Care peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Emami Limited has signed a definitive agreement to acquire the remaining ~73.5% stake in Axiom Ayurveda Pvt Ltd (Alofrut), subject to customary closing conditions and regulatory approvals. The transaction involves an aggregate consideration not exceeding Rs.200 crores and is expected to close within three months. Emami already held ~26.5% in Axiom, and acquired an additional ~36.7% stake in the first tranche. Axiom, which makes AloFrut aloe vera-based fruit juices, Axiom Jeevan Ras health juices, and Mukti Gold beauty products, is expected to achieve a topline of around Rs.180 crore in FY26. The acquisition marks Emami's formal entry into the fast-growing beverage sector, expanding beyond its core personal care and healthcare business.
This acquisition diversifies Emami's revenue base into the beverage segment with a profitable and growing company, aligning with its strategy of leveraging high-opportunity health and wellness categories. The deal is positive for shareholders as it adds a new growth vertical without divesting core business.