Marico Ltd Completes Acquisition of 75% Stake in Skinetiq Joint Stock Company

Marico Ltd, through its wholly owned subsidiary Marico South East Asia Corporation, has completed the acquisition of 75% of the total share capital of Skinetiq Joint Stock Company. Skinetiq owns the digital-first skincare brand 'Candid' and holds exclusive distribution rights in Vietnam for the brand 'Murad'. The transaction was proposed in February 2026 and completed on April 2, 2026, making Skinetiq a subsidiary of Marico Ltd.