Marico raises stake in Plix to 84.09% with ₹1,012 crore acquisition
pre-market1 source ↓machine-written, see hownot a recommendation
- by acquiring
- 84.09%
- acquiring an additional
- 24.09%
- ₹1,012.03 crore
- completed
- 5 Oct 2026
- acquire the remaining
- 14.09%
Marico has increased its stake in Satiya Nutraceuticals, owner of the Plix brand, to 84.09% by acquiring an additional 24.09% for ₹1,012.03 crore. This acquisition, completed on 5 Oct 2026, aligns with Marico's strategy to consolidate its holdings in the nutraceuticals sector. The company plans to acquire the remaining 14.09% by 2027.
This move may enhance Marico's market position in the growing health and wellness segment, potentially boosting investor sentiment.
Not investment advice. For informational purposes only.