BSECompany Update5 Oct 2026 · 5 Oct 2026, 08:14 pm
Please find attached an intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Marico Ltd · 531642
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Marico Ltd has acquired 24.09% stake in Satiya Nutraceuticals Private Limited, increasing its aggregate stake from 60% to 84.09% on a fully diluted basis. The acquisition is part of the company's strategic investment in the value-added foods and nutrition segments and personal care and wellness categories.
Analysis Scores
Earnings Impact6/10
Growth Catalyst8/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact7/10
Market Sentiment5/10
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Full Announcement
Marico Ltd - 531642 - Announcement under Regulation 30 (LODR)-Acquisition
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October 5, 2026
The Secretary, The Manager,
Listing Department, Listing Department,
BSE Limited, The National Stock Exchange of India Limited,
1st Floor, Phiroze Jeejeebhoy Towers, 'Exchange Plaza', C-1 Block G,
Dalal Street, Bandra Kurla Complex, Bandra (East)
Mumbai – 400001 Mumbai – 400051
Scrip Code: 531642 Scrip Symbol: MARICO
Dear Sir/Madam,
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
(“SEBI Listing Regulations”)
We refer to our letters dated July 26, 2023, November 30, 2023, May 31, 2025 and December 17, 2025, informing that Marico
Limited (“Company”/”Marico”) has acquired an aggregate of 60% stake on a fully diluted basis in Satiya Nutraceuticals Private
Limited (“Satiya Nutraceuticals”), a subsidiary that owns the brand “PLIX”, and further has a right under the definitive
agreement(s) to acquire the remaining 40% stake, subject to certain terms and conditions.
Pursuant to the above, the Company has entered into definitive agreement(s) to acquire 38.18% stake in Satiya Nutraceuticals
on a fully diluted basis, in tranches, from its Founders and certain other shareholders as per terms and conditions agreed therein.
As part of the aforesaid transaction, the Company has currently acquired 24.09% stake in Satiya Nutraceuticals, thereby
increasing its aggregate stake from 60% to 84.09% on a fully diluted basis.
In this regard, requisite disclosure under Regulation 30 of the SEBI Listing Regulations read with the SEBI Master Circular No.
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 (as amended) is enclosed as Annexure.
This intimation is also being made available on the Company’s website at:
http://marico.com/india/investors/documentation/shareholder-info.
Kindly take the same on record.
Yours faithfully,
For Marico Limited
Vinay M A
Company Secretary & Compliance Officer
Encl.: As above
Annexure
Disclosure under sub-para (1) [i.e. Acquisition(s) (including agreement to acquire)] of Para (A) of Part (A) of Schedule III of
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Sl. No. Particulars Description
1. Name and details of the target entity Satiya Nutraceuticals Private Limited (“Satiya Nutraceuticals”), and its
wholly owned subsidiary, Juizo Advisory Private Limited (“Juizo”).
2. Whether the acquisition would fall within Yes, the acquisition by the Company of stake held by the Founders of
related party transaction(s) and whether the Satiya Nutraceuticals and their relatives/related entities are related party
promoter/ promoter group/group companies transactions, which are on an arm’s length basis.
have any interest in the entity being acquired
The Promoter/Promoter Group of the Company do not have any interest
in the transaction.
3. Industry to which the entity being acquired Health, Wellness & Personal care
belongs
4. Objects and impact of acquisition Satiya Nutraceuticals is a subsidiary of the Company, with Marico currently
holding 60% stake on a fully diluted basis. The strategic investment in
Satiya Nutraceuticals has expanded Marico’s total addressable market in
the value-added foods and nutrition segments as well as presence in
rapidly growing personal care and wellness categories. The current
transaction is towards acquisition of the 38.18% stake held by Founders
and certain other shareholders in Satiya Nutraceuticals, pursuant to the
rights under the definitive agreement(s).
5. Brief details of any governmental or regulatory None
approvals required for the acquisition
6. Indicative time period for completion of the Acquisition of 24.09% stake on a fully diluted basis was completed on
transaction October 5, 2026.
Acquisition of the remaining 14.09% stake held by Founder and certain
other shareholders will be completed in July 2027 subject to terms and
conditions of the definitive agreements.
7. Nature of consideration (cash consideration or Cash
share swap and details of the same)
8. Cost of acquisition or the price at which the Consideration of ₹ 1,012.03 Crores towards current tranche of acquisition
shares are acquired of 24.09% stake in Satiya Nutraceuticals on a fully diluted basis.
Accordingly, the aggregate consideration for acquisition of 84.09% stake
on a fully diluted basis in Satiya Nutraceuticals stands at ₹ 1,392.07 Crores.
The remaining stake of 14.09% held by Founder and certain other
shareholders will be acquired for an aggregate consideration to be
determined at such time which shall comprise a base consideration of up
to ₹ 592 Crores and additional consideration subject to milestones, terms
and conditions under the definitive agreement(s).
9. Percentage of shareholding/control acquired As part of the current tranche, the Company has acquired 24.09% stake,
and/or number of shares acquired thereby increasing its aggregate stake from 60% to 84.09% on a fully
diluted basis. The remaining 14.09% stake held by Founder and certain
other shareholders will be acquired in July 2027, subject to terms and
conditions of the definitive agreements.
10. Brief background about the entity acquired in Satiya Nutraceuticals Private Limited, a company incorporated under the
terms of products/line of business acquired, Companies Act 2013 on February 13, 2020 is headquartered at Mumbai,
date of incorporation, history of last 3 years Maharashtra and owns ‘The Plant Fix – Plix’, a leading plant- based
turnover, Country in which the acquired entity nutrition & personal care brand with a strong presence in rapidly growing
has presence health and wellness segments. Details of last 3 years’ Consolidated
Turnover are as below:
Year Consolidated Turnover
(₹ Crores)
FY 2025 – 26 864.31
FY 2024 – 25 432.84
FY 2023 – 24 155.32