NSEAcquisition3d ago · 6 Nov 2026, 05:16 pm
Acquisition
Marico Limited · MARICO
✦ AI Summary▲ Positiveacquisition
Marico Limited has acquired a further stake of 20% of paid-up share capital of Cosmix Wellness Private Limited, increasing its aggregate stake from 60% to 80%. The acquisition was completed on November 6, 2026, at a consideration of Rs. 113.65 Crores.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk6/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Please find attached an intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
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marico_06112026171442_SEIntimationn.pdf
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November 6, 2026
The Secretary, The Manager,
Listing Department, Listing Department,
BSE Limited, The National Stock Exchange of India Limited,
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 February 4, 2026 and February 5, 2026 informing that Marico Limited (“Company” or
“Marico”) has made a strategic investment in Cosmix Wellness Private Limited (“Cosmix Wellness”) and
completed acquisition of 60% of its paid-up share capital from its Founders.
Further to the above, the Company has entered into definitive agreement and acquired a further stake of 20% of
paid-up share capital of Cosmix Wellness as per terms and conditions agreed therein. Consequently, the Company’s
aggregate stake in Cosmix Wellness has increased from 60% to 80% of its paid-up share capital.
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 & Head - Legal Operations
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 Cosmix Wellness Private Limited (“Cosmix Wellness”)
2. Whether the acquisition would fall within related party Yes, the acquisition is a related party transaction, which is on an
transaction(s) and whether the promoter/ promoter arm’s length basis.
group/group companies have any interest in the entity
The Promoter/Promoter Group of the Company do not have any
being acquired
interest in the transaction.
3. I ndustry to which the entity being acquired belongs Health & Wellness
4. Objects and impact of acquisition Cosmix Wellness is a subsidiary of the Company, with Marico
currently holding 60% of its paid-up share capital. The acquisition
has enabled expansion of Marico’s presence in the premium food
and nutrition categories adding a digital-first functional wellness
brand with distinct and compelling proposition in its portfolio. The
current transaction is towards acquisition of further stake of 20% of
paid-up share capital of Cosmix Wellness.
5. Brief details of any governmental or regulatory None
approvals required for the acquisition
6. Indicative time period for completion of the Acquisition of 20% of paid-up share capital of Cosmix Wellness was
transaction completed on November 6, 2026.
7. Nature of consideration (cash consideration or share Cash
swap and details of the same)
8. Cost of acquisition or the price at which the shares are Aggregate consideration of Rs. 113.65 Crores towards acquisition of
acquired 20% of Cosmix Wellness’ paid-up share capital.
9. Percentage of shareholding/control acquired and/or Acquisition of 20% of Cosmix Wellness’ paid-up share capital,
number of shares acquired thereby increasing aggregate stake of the Company from 60% to
80% of its paid-up share capital.
Additionally, the Company has the right to acquire the remaining
stake in Cosmix Wellness after completion of FY29 at a
consideration to be determined at such time, subject to
achievement of certain milestones, requisite approvals and terms
and conditions under the definitive agreements.
10. Brief background about the entity acquired in terms of Cosmix Wellness Private Limited was incorporated under the
products/line of business acquired, date of Companies Act, 2013 on January 31, 2022 and is headquartered at
incorporation, history of last 3 years turnover, Country Bengaluru. Cosmix Wellness owns one of India’s leading digital-first
in which the acquired entity has presence functional wellness brands. Details of last 3 years’ turnover are as
under:
Year Turnover
(Rs. Crores)
FY 2025 – 26 91.53
FY 2024 – 25 47.25
FY 2023 – 24 24.32*
* Calculated as per Indian GAAP.
Last 3 months ARR of Cosmix Wellness as per Ind AS is
Rs. 170+ crores.