Report
Marico lifts its stake in Plix’s parent to 84.09% and expects double-digit Q2 revenue growth
The Economic Times reports Marico paid Rs 1,012.03 crore for an additional 24.09% of Satiya Nutraceuticals.
TLDR
The Economic Times reports Marico bought another 24.09% of Satiya Nutraceuticals, owner of The Plant Fix–Plix, on October 5, taking its holding to 84.09%. Marico expects double-digit consolidated revenue growth and mid-twenties operating profit growth for the quarter ended September 30, 2026. The company plans to acquire the remaining 14.09% in July 2027, subject to the agreements’ terms.
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