Athira Sethu
Kochi, 6 October 2026
Marico Ltd has made another investment in the Plix manufacturer Satiya Nutraceuticals Pvt Ltd. Post the recent investment, Marico has an 84.09% stake in Satiya Nutraceuticals on a fully diluted basis.
As per the filing made at the stock exchange BSE, the company has bought another 24.09% stake in the firm on October 5. For the transaction, Marico spent ₹1,012.03 crore.
This is in line with the agreement signed between Marico and the existing shareholders of Satiya Nutraceuticals Pvt Ltd. As per the agreement, Marico was entitled to purchase the 40% remaining stake in the company from the founders and other shareholders.
Prior to the current transaction, Marico had 60% of the stake in the firm. After purchasing the latest stake, its holding has been raised to 84.09%. It shows that Marico has 14.09% more to acquire from the company.
The acquisition of the 40% remaining stake is expected to be completed by the month of July in 2027.
Total capital invested by Marico in relation to its 84.09% stake in Satiya Nutraceuticals is ₹1,392.07 crore. Marico will further invest an additional base amount of up to ₹592 crore in connection with the remainder of the acquisition. Further payments can be made by the company depending on certain business targets and milestones.
Satiya Nutraceuticals functions in the segment of health, wellness, and personal care. Plix is the key brand of Satiya Nutraceuticals which provides various plant-based nutritional, health, and personal care products. Satiya Nutraceuticals has a range of health and wellness products.
The company was incorporated in 2020, and its headquarters is located in Mumbai.
The company has also been witnessing considerable growth in the recent past. It had a consolidated turnover of ₹864.31 crore in FY26, which was ₹432.84 crore in FY25. In FY24, it had a consolidated turnover of ₹155.32 crore.
According to Marico, this investment will enable it to grow in value-added foods and nutrition. The investment will further help the company gain ground in the fast-growing sector of personal care and wellness.
In general terms, the acquisition enables Marico to gain more control over Plix and exposure to the fast-growing sector of health, nutrition, and wellness.
