BSEMediumNeutral
Announced Sat, 31 May · 15:25 IST

Please find attached an intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Listed Co AcquisitionStrategic Transactions View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Marico has completed the acquisition of the remaining 8.8% stake in Satiya Nutraceuticals Private Limited, the company that owns the plant-based nutrition and personal care brand 'The Plant Fix - Plix'. With this, Marico's total holding in Satiya Nutraceuticals has increased from 51.20% to 60% on a fully diluted basis. The total consideration for the 60% stake is Rs. 380.04 crores, paid in cash, and the transaction was completed on May 31, 2025. Satiya Nutraceuticals is in the health, wellness and personal care space and posted a strong consolidated turnover of Rs. 432.84 crores in FY25, up from Rs. 155.32 crores in FY24, showing rapid growth. Marico stated that this acquisition expands its presence in the value-added foods, nutrition, and wellness categories.

Likely market impact

This is the final leg of a previously announced acquisition and is largely priced in, but it gives Marico full operational control of a fast-growing plant-based wellness brand. The strong revenue growth at Satiya could be a positive for Marico's future segment performance, though the overall financial impact on Marico's consolidated numbers remains small given Satiya's current size.