Target Entity: IncNut Digital Private Limited ('IncNut')
Type of Deal: Acquisition (majority stake)
Stake/Capacity: 59.69% stake acquired through purchase of 2,05,767 equity shares
Deal Value: Not disclosed in the document
Funding Source: Not disclosed in the document
Financial Impact: Not disclosed in the document
Timeline: Acquisition completed on 1st June, 2026. Remaining 0.31% stake (1,064 equity shares) to be completed as per terms of Share Subscription and Purchase Agreement.
Strategic Rationale: Not explicitly stated in the document. The acquisition results in IncNut becoming a subsidiary of Emami Limited.
Approval Status: Completed for 59.69% stake. Remaining acquisition pending completion as per agreement terms.
Reference Regulation: SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Regulation 30. SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Additional Information: This intimation is in furtherance to the company's previous intimation dated 7th May, 2026. The details required under SEBI regulations were submitted via the previous intimation. The information is also available on the company's website at www.emamiltd.in.
