Acquisitions1 Jun 2026, 08:11 pm
Emami Ltd Completes Acquisition of 59.69% Stake in IncNut Digital
AI Summary
Emami Ltd has completed the acquisition of 2,05,767 equity shares, representing a 59.69% stake in IncNut Digital Private Limited on June 1, 2026. This acquisition results in IncNut becoming a subsidiary of Emami Ltd. The remaining 0.31% stake acquisition will be completed as per the Share Subscription and Purchase Agreement.
Key Highlights
- Emami Ltd acquires 59.69% stake in IncNut Digital.
- IncNut Digital Private Limited now a subsidiary of Emami Ltd.
- Remaining 0.31% stake acquisition to be completed as per agreement.