Marico bought a further 20% of Cosmix Wellness for Rs 113.65 crore, lifting its stake to 80%.

Company news · Finvezto · 6 Nov 2026 · Marico (MARICO)

What happened

Marico acquired an additional 20% stake in Cosmix Wellness for an aggregate consideration of Rs 113.65 crore in cash on November 6, 2026. Source: NSE filing

The transaction increases Marico's total holding from 60% to 80%, with an option to acquire the remaining stake after FY29 based on agreed milestones. Source: NSE filing

Key numbers

• Aggregate consideration for 20% stake: ₹114 Cr
• Turnover FY 2025 - 26: ₹92 Cr
• Turnover FY 2024 - 25: ₹47 Cr
• Turnover (Calculated as per Indian GAAP) FY 2023 - 24: ₹24 Cr

Why it matters

Anand Ganapathy K: It holds an option on the remaining 20% after FY29. Marico paid about Rs 226 crore for the first 60% in February. Source: Stock note

Links

NSE filing (PDF) · Company page

Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.