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 will acquire the remaining 0.31% stake as per the agreement, solidifying this integration into its broader business strategy.