Marico buys additional 24.09% stake in Plix for ₹1,012.03 crore
In short
Marico has bought another 24.09% stake in Plix for ₹1,012.03 crore. The summary says the company wants to finish the buyout by July 2027.
This matters because it gives Marico more control over a consumer brand. The reporting does not say how much of Plix Marico will own after the deal is complete.
What the reporting says
Marico acquired an additional 24.09% stake in plant-based nutrition and personal care brand Plix for ₹1,012.03 crore, according to the publisher-supplied summary. The same summary says Marico plans to complete the buyout by July 2027. The available reporting does not state the post-deal ownership level or any operational impact on Plix.
Why it matters
Marico acquired an additional 24.09% stake in Plix for ₹1,012.03 crore, according to the summary. The same source says Marico expects to complete the buyout by July 2027. The reporting does not specify the remaining stake, whether the deal is fully closed, or what changes in strategy or integration are expected for Plix.