Emami inks pact to acquire stake in Axiom Ayurveda
The acquisition is expected to be completed in a phased manner over the next three months
Emami has executed a definitive agreement to acquire the remaining around 73.5% stake in Axiom Ayurveda (Axiom) on April 1, 2026. In the first tranche of this transaction, the company acquired around 36.7% stake in Axiom on April 1, 2026. The company has an existing stake of around 26.5% in Axiom.
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.
Emami is the flagship company of the Emami Group and engaged in manufacturing products under various categories namely Hair Care, Skin Creams and Lotions, Talcum Powder and ayurvedic health care products.
