Marico (MARICO) — Announcement

Marico Limited has entered into a definitive agreement to acquire the remaining 46.02% equity stake in HW Wellness Solutions Private Limited (True Elements brand) for an aggregate consideration of up to ₹138 crores, completing its path to full ownership. The acquisition, subject to satisfaction of conditions, is targeted for completion by September 30, 2025. This transaction consolidates Marico's presence in healthy breakfast and snacking categories with a digital-first brand.

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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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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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