Acquisitions1 April 2026 at 12:51 pm
Emami Ltd Acquires Majority Stake in Axiom Ayurveda Pvt. Ltd.
AI Summary
Emami Ltd has entered into a Share Purchase Agreement (SPA) to acquire approximately 73.5% stake of paid-up capital in Axiom Ayurveda Private Limited (AAPL), an associate company. The Company has already acquired 36.7% stake in the first tranche of this transaction, making AAPL a subsidiary of Emami Ltd. The remaining stake will be acquired by June 2026. The necessary details were submitted as per the SEBI regulations.
Key Highlights
- Emami Ltd has entered into a Share Purchase Agreement (SPA) to acquire approximately 73.5% stake in Axiom Ayurveda Private Limited (AAPL).
- The Company has already acquired 36.7% stake in the first tranche of this transaction, making AAPL a subsidiary of Emami Ltd.
- The remaining stake will be acquired by June 2026.
- The acquisition was made in accordance with the SEBI regulations.
- Axiom Ayurveda Private Limited (AAPL) is now a subsidiary of Emami Ltd.
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