Type of Deal: Strategic investment - additional stake acquisition (minority stake increase)
Stake/Capacity: Increased stake from 60% to 80% of paid-up share capital
Deal Value: Aggregate consideration of ₹113.65 Crores for 20% stake acquisition
Funding Source: Cash consideration
Financial Impact:
Cosmix Wellness financial performance:
FY 2025-26 Turnover: ₹91.53 Crores
FY 2024-25 Turnover: ₹47.25 Crores
FY 2023-24 Turnover: ₹24.32 Crores (calculated as per Indian GAAP)
Last 3 months Annual Run Rate (ARR) as per Ind AS: ₹170+ Crores
Timeline: Acquisition completed on November 6, 2026
Strategic Rationale:
Expansion of Marico's presence in premium food and nutrition categories
Addition of digital-first functional wellness brand with distinct proposition to portfolio
Cosmix Wellness is described as "one of India's leading digital-first functional wellness brands"
Additional Rights: The Company has the right to acquire the remaining 20% stake in Cosmix Wellness after completion of FY29 at consideration to be determined at such time, subject to achievement of certain milestones, requisite approvals and terms and conditions under definitive agreements.
Approval Status:
No governmental or regulatory approvals required
Transaction classified as related party transaction on arm's length basis
Promoter/Promoter Group of Marico do not have any interest in the transaction
Reference Regulation: SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Regulation 30 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 (as amended)
Background Information:
Cosmix Wellness was incorporated under Companies Act, 2013 on January 31, 2022
Headquartered at Bengaluru
Industry: Health & Wellness
Previous investment: Marico had acquired 60% stake through letters dated February 4, 2026 and February 5, 2026
