Marico completes acquisition of True Elements
MARICO · price
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Marico has completed the purchase of the remaining 46.02% stake in HW Wellness Solutions Private Limited, known as True Elements, taking its holding from 53.98% to 100%. The deal was agreed on September 11, 2025 and completed on October 17, 2025, making True Elements a wholly owned subsidiary.
Marico gains full ownership of True Elements, simplifying the group structure. The filing does not disclose the purchase price or its impact on earnings or valuation.