Marico Acquires Additional 24.09% Stake In Plix For ₹1,012 Crore

5 Oct 2026, 9:39 pm · 3h ago · 1 min read · Inc42New

Amount

₹1,012 Cr

Stage

M&A

Lead

Marico

FMCG giant Marico has acquired an additional 24.09% stake in Mumbai-based D2C plant-based nutrition brand Plix for ₹1,012.03 crore in an all-cash deal, raising its overall ownership to 84.09%. Founded in 2020 by Rishabh Satiya and Akash Zaveri, Plix's parent company Satiya Nutraceuticals doubled its consolidated revenue to ₹864.31 crore in FY26. Marico first bought a 37.75% stake in July 2023 for ₹369.01 crore and increased it by 25.25% in May 2025. The company plans to acquire the remaining 14.09% stake by July 2027 for ₹592 crore plus milestone payments.