Marico Extends Right to Acquire Remaining 40% Stake in Satiya Nutraceuticals by 12 Months

Marico Limited has provided an update regarding its acquisition of Satiya Nutraceuticals Private Limited, the entity that owns the brand "PLIX". The company had previously acquired a 60% stake on a fu...

Marico Limited has provided an update regarding its acquisition of Satiya Nutraceuticals Private Limited, the entity that owns the brand "PLIX". The company had previously acquired a 60% stake on a fully diluted basis. The definitive agreements granted Marico the right to acquire the remaining 40% stake at the expiry of 3 years from the execution date, which falls during FY27. However, based on mutual understanding and strategic alignment, Marico has amended these agreements. The amendment extends the time period for acquiring the remaining 40% stake, in one or more tranches, by an additional 12 months. This extension is subject to mutually agreed milestones and conditions. This disclosure is also available on Marico's investor relations website.

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Why is Marico Limited in the news today?

Marico Limited (MARICO) is in the news due to the announcement is an update on an existing acquisition, extending a previously agreed-upon timeline. it does not introduce significantly new positive or negative financial information but rather modifies the terms of a future acquisition.

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Marico Extends Right to Acquire Remaining 40% Stake in Satiya Nutraceuticals by 12 Months

December 17, 2025, 12:47 PM

AI Sentiment Analysis

Marico Limited has provided an update regarding its acquisition of Satiya Nutraceuticals Private Limited, the entity that owns the brand "PLIX". The company had previously acquired a 60% stake on a fully diluted basis.

The definitive agreements granted Marico the right to acquire the remaining 40% stake at the expiry of 3 years from the execution date, which falls during FY27. However, based on mutual understanding and strategic alignment, Marico has amended these agreements.

The amendment extends the time period for acquiring the remaining 40% stake, in one or more tranches, by an additional 12 months. This extension is subject to mutually agreed milestones and conditions. This disclosure is also available on Marico's investor relations website.

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