Marico (MARICO) — Announcement

Marico completed its acquisition of an additional 8.8% stake in Satiya Nutraceuticals, raising its total ownership to 60% on a fully diluted basis. This strategic move expands Marico’s footprint in health, wellness, and personal care, adding a high-growth plant-based nutrition brand with Rs 432.84 crores turnover in FY24. The Rs 380.04 crore cash transaction finalizes a multi-year expansion plan, enhancing Marico’s addressable market and long-term growth trajectory in emerging consumer segments.

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About Marico Limited (MARICO)

Fast Moving Consumer Goods · Agricultural Food & other Products · Listed on NSE

Market Cap: ₹1,09,206.85 Cr P/E: 67.8

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