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As on : 02-Apr-2026
Corporate News
02-Apr-2026     17:38

Emami to acquire balance 73.5% stake in Axiom Ayurveda

Emami has executed a definitive agreement on 1 April 2026, to acquire the remaining ~73.5% stake in Axiom Ayurveda (Axiom) subject to completion of customary closing conditions.

In the first tranche, Emami acquired ~36.7% additional stake (existing stake ~26.5%). While the definitive agreement was executed yesterday, the acquisition is expected to be completed in a phased manner over the next three months, in accordance with the terms of the agreement and applicable regulatory requirements. The transaction, approved by the Board of Directors of Emami, involves an aggregate consideration not exceeding Rs.200 crore.

Axiom's portfolio includes beverage products under the brand 'AloFrut', health juices under the brand 'Axiom Jeevan Ras', and beauty products under the brand 'Mukti Gold'.

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