Emami Limited — JV/Acquisition, 31-03-2026: Acquisition

Emami Limited is significantly expanding its healthy beverage footprint. The company will acquire the remaining ~73.5% stake in associate Axiom Ayurveda Private Limited (AAPL) for up to Rs. 200 Cr, making it a wholly-owned subsidiary. AAPL specializes in aloevera and fruit-blend beverages, with recent annual turnovers around Rs. 110-129 Cr. This strategic acquisition directly boosts Emami's product portfolio and strengthens its presence in the fast-growing FMCG healthy drinks market.