MoneyWorks4Me

Marico divests stake in Revofit

25 Sep 2020 Evaluate

Marico has divested its entire stake in Revolutionary Fitness (Revofit). Earlier, the investments made by it in the equity share capital of Revolutionary Fitness Private , a company providing a fitness and wellness solutions app, to explore the hybrid physical-digital business model and offer an integrated fitness solutions so as to deliver a healthy lifestyle to its consumers. 

The Company has now exited this venture by selling its entire equity investment in Revofit after evaluating the long term prospects of the aforesaid investment.

Marico is one of India’s leading Consumer Products Group, in the global beauty and wellness space. Its products are sold in India and about 25 other countries in Asia and Africa.

Marico Share Price

866.00 5.15 (0.60%)
14-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
AWL Agri Business 192.25
Patanjali Foods 353.00
Gokul Agro Resources 231.75
Marico 866.00
BCL Industries 35.61
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