Marico Acquires Additional 24% Stake In Plix Parent For Rs 1,012 Crore

5 Oct 2026, 11:53 pm · 3h ago · 1 min read · EntrackrNew

Amount

Rs 1,012 Cr

Stage

M&A

Lead

Marico

FMCG major Marico has acquired an additional 24.09% stake in Satiya Nutraceuticals, the parent entity behind plant-based nutrition and wellness brand Plix, for Rs 1,012.03 crore in cash. Completed on October 5, the transaction elevates Marico's total holding from 60% to 84.09% on a fully diluted basis, taking its aggregate investment to Rs 1,392.07 crore. Marico also signed agreements to acquire another 14.09% stake in July 2027 for a base payout of up to Rs 592 crore. Satiya reported consolidated revenue of Rs 864.31 crore in FY26.