Emami Acquires 73.5% Stake in Axiom Ayurveda for ₹200 Cr

Emami Limited's board approved acquisition of ~73.5% additional stake in Axiom Ayurveda Private Limited for up to ₹200 crores cash.
Post-acquisition, Emami's stake rises from ~26.5% to 100%, making AAPL a wholly-owned subsidiary by June 30, 2026.
Axiom Ayurveda, an FMCG healthy beverages company, reported consolidated turnover of ₹110 Cr in FY2024-25.
No regulatory approvals are required; the transaction is not classified as a related party transaction.