Marico Limited — JV/Acquisition, 11-09-2025: Acquisition

Marico has agreed to fully acquire HW Wellness Solutions, the company behind the "True Elements" brand. This deal, valued at up to Rs. 138 Cr, involves Marico acquiring the remaining 46.02% stake, making HW Wellness a wholly-owned subsidiary. This move significantly strengthens Marico's position in the high-growth healthy breakfast and snacking segments, boosting its digital-first brand portfolio. It aligns with Marico's strategy to accelerate its digital transformation journey and deepen its presence in modern consumer categories.