Marico Acquires 24% Stake In Satiya Nutraceuticals For Rs 1,012 Crore
Marico Ltd has increased its ownership in Satiya Nutraceuticals Pvt, the company behind plant-based nutrition and wellness brand Plix, to 84.09% on a fully diluted basis after completing another stake purchase, according to a BSE filing. The consumer goods company acquired a 24.09% stake in Satiya Nutraceuticals on October 5 for Rs 1,012.03 crore in…