Announced Fri, 6 Nov, 2026 · 17:16 IST
Marico completes additional 20% Cosmix acquisition, raising stake to 80%
MARICO · price
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Price reaction
Awaiting price reaction for this filing.
AI summary
Marico completed a cash purchase of an additional 20% in Cosmix Wellness for Rs 113.65 crore, raising its ownership from 60% to 80%. Cosmix operates a digital-first functional wellness brand in health and nutrition. Its FY26 turnover was Rs 91.53 crore, and its latest three-month sales annualised above Rs 170 crore. Marico may acquire the remaining 20% after FY29, subject to milestones, approvals and agreed terms.
Likely market impact
Greater control and exposure to a growing wellness business may aid Marico, but the Rs 113.65 crore cash payment adds capital and integration risk.