Acquisitions7 May 2026, 11:27 am
Emami to Acquire 60% Stake in IncNut Digital for ₹321 Cr
AI Summary
Emami Ltd has approved the execution of a Share Subscription and Purchase Agreement (SSPA) to acquire a 60% stake in IncNut Digital Private Limited for ₹321 crores. The acquisition, expected to be completed within 30 days, will position Emami in the high-growth BPC segment. IncNut Digital, which owns brands like Vedix and SkinKraft, reported a consolidated turnover of ₹175.1 Cr in FY25. Emami will acquire the remaining stake in IncNut Digital within the next 4.5 years in two tranches.
Key Highlights
- Emami to acquire 60% stake in IncNut Digital for ₹321 crores.
- Acquisition expected to be completed within 30 days.
- IncNut Digital reported ₹175.1 Cr turnover in FY25.
- Emami will acquire the remaining stake in IncNut Digital in future tranches.
- IncNut Digital and its subsidiary will become subsidiaries of Emami Limited.