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Marico hikes stake in Satiya Nutraceuticals

01 Dec 2023 Evaluate

Marico has acquired the next tranche of 16.45% stake of Satiya Nutraceuticals on a fully diluted basis from existing investors. Further, the Company has acquired an additional stake of 2% from the Founders/Directors of Satiya Nutraceuticals on a fully diluted basis. Consequently, the Company’s stake in Satiya Nutraceuticals has increased by 18.45% from 32.75% to 51.20% on a fully diluted basis.

Earlier, the company had acquired 32.75% stake on a fully diluted basis and requisite majority control over the Board composition/total voting rights of Satiya Nutraceuticals, thereby making it a subsidiary of the Company.

Marico is one of India’s leading Consumer Products Group, in the global beauty and wellness space.

Marico Share Price

814.70 7.60 (0.94%)
06-May-2026 16:59 View Price Chart
Peers
Company Name CMP
AWL Agri Business 207.90
Patanjali Foods 460.35
Gokul Agro Resources 237.30
Marico 814.70
BCL Industries 36.23
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