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Marico Expands Health and Wellness Footprint with Major PLIX Stake Acquisition
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CNBC TV18•05-10-2026, 21:26
Marico Expands Health and Wellness Footprint with Major PLIX Stake Acquisition
- •Marico acquired an additional 24.09% stake in Satiya Nutraceuticals, the parent company of wellness brand PLIX, for ₹1,012.03 crore.
- •The latest transaction increases Marico's total holding in PLIX to 84.09% on a fully diluted basis.
- •The remaining 14.09% stake is scheduled to be acquired in July 2027 subject to agreement terms.
- •The acquisition expands Marico's addressable market in value-added foods, nutrition, personal care, and wellness.
- •Marico also reported strong Q2 momentum, expecting to surpass near-term financial guidance with double-digit volume growth in India.
Key Questions Answered
Marico has acquired an additional 24.09% stake in Satiya Nutraceuticals for ₹1,012.03 crore, bringing its total holding to 84.09% on a fully diluted basis.
The remaining 14.09% stake is expected to be acquired in July 2027, subject to the terms of the agreements.
Marico's India business delivered another strong quarter with underlying volume growth reaching double digits, and the company expects to surpass its near-term guidance across key financial parameters.
