Announced Mon, 5 Oct, 2026 · 20:14 IST
Marico hikes stake in PLIX owner Satiya to 84.09%, pays Rs 1,012 Cr
MARICO · price
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Price reaction · full curve 14 horizons · vs prior close
-0.3%1-day move
₹790.00
prior close
₹796.95
base price
After-mkt
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-0.9-0.6-0.6-1.0-0.3-1.6————————
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AI summary
Marico has increased its stake in subsidiary Satiya Nutraceuticals (owner of plant-based brand PLIX) from 60% to 84.09% by acquiring 24.09% from founders for Rs 1,012.03 Cr in cash. The remaining 14.09% will be acquired by July 2027 for up to Rs 592 Cr plus milestone-linked payments. Aggregate consideration for 84.09% stake stands at Rs 1,392.07 Cr. Satiya's revenue nearly doubled to Rs 864 Cr in FY26 from Rs 433 Cr in FY25, showing strong growth in the health and wellness segment.
Likely market impact
Positive: full control over fast-growing PLIX brand (revenue nearly doubled YoY) strengthens Marico's health and wellness portfolio.