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Emami is engaged in manufacturing & marketing of personal care & healthcare products with an enviable portfolio of household brand names such as BoroPlus, Navratna, Fair and Handsome, Zandu Balm, Kesh King, Zandu Pancharishta, Mentho Plus Balm and others.(Source : 201903 Annual Report Page No: 193)
Emami Ltd. has deepened its investment in IncNut Digital Private Limited by acquiring an additional 1,064 equity shares. This transaction increases Emami's ownership stake from 59.69% to a solid 60.00%. While the deal value wasn't detailed, this incremental acquisition reinforces Emami's majority control over IncNut. For investors, this move signifies...
Emami Ltd. has completed a significant acquisition, taking a 59.69% controlling stake in IncNut Digital Private Limited. This makes IncNut a subsidiary, marking a strategic move to enhance Emami's digital capabilities and footprint. For investors, this likely means strengthening brand presence online and tapping into new-age consumer engagement. The company...
Emami Limited has formalized its agreement to acquire a stake in IncNut Digital Private Limited by executing a Share Subscription and Purchase Agreement. This update confirms the completion of the deal's initial steps. Crucial details such as the exact percentage of stake acquired, the valuation of the deal, and the...
Emami has acquired a 60% stake in IncNut Digital for up to Rs. 321 Cr. IncNut Digital, through its brands Vedix and SkinKraft, operates in the high-growth personalized beauty and personal care (BPC) segment. This strategic move strengthens Emami's footprint in these evolving consumer demand areas and expands its product...
Emami Limited is significantly boosting its stake in Axiom Ayurveda Private Limited (AAPL). Previously holding ~26.5%, Emami will acquire an additional ~73.5% from shareholders, making AAPL a wholly-owned subsidiary. The first ~36.7% stake has been acquired, with the remaining completion expected by June 2026. While the acquisition's financial valuation was...