With refers to intimation dated 28th September 2023 about execution of definitive agreement to acquire 26% of shareholding of Axiom Ayurveda and its associates on a fully diluted basis, which owns the brand ‘Alofrut’ - a proprietary fusion of aloevera pulp with fruit blend, Emami has informed that the Company has completed the acquisition of 26% shareholding of Axiom Ayurveda and its associates, Axiom Food & Beverages and Axiom Packwell. The details for the above acquisition as required to be furnished pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI Listing Regulations and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13 July 2023, have already been disclosed in the intimation letter dated 28th September 2023.
The above information is a part of company’s filings submitted to BSE.
