Marico Limited has announced the acquisition of an additional 20% stake in Cosmix Wellness Private Limited, increasing its total shareholding to 80%. This strategic move aims to expand Marico’s presence in premium food and nutrition sectors, particularly within the digital-first functional wellness brand segment. The total consideration for this further stake acquisition is Rs. 113.65 Crores.
Marico Boosts Stake in Cosmix Wellness
Marico Limited has successfully increased its stake in Cosmix Wellness Private Limited, a significant player in the digital-first functional wellness market. The company announced its acquisition of a further 20% of the paid-up share capital of Cosmix Wellness on November 6, 2026. This transaction brings Marico’s aggregate shareholding in Cosmix Wellness to 80% of its paid-up share capital.
Strategic Expansion in Functional Wellness
This acquisition is a strategic step for Marico to expand its footprint in premium food and nutrition categories. Cosmix Wellness offers a distinct and compelling proposition within the functional wellness space, aligning with growing consumer demand for health-oriented products. The increased stake is expected to enhance Marico’s market presence and competitive edge in this high-growth segment.
Transaction Details
The aggregate consideration for the acquisition of this additional 20% stake in Cosmix Wellness amounts to Rs. 113.65 Crores. This follows an initial investment where Marico acquired 60% of the paid-up share capital. The company also holds the right to acquire the remaining stake in Cosmix Wellness after completion of FY29, subject to certain milestones and approvals.
Cosmix Wellness Background
Cosmix Wellness Private Limited was incorporated on January 31, 2022, and is headquartered in Bengaluru. It operates as a subsidiary of Marico Limited. The company has demonstrated consistent growth, with a reported turnover of Rs. 91.53 Crores for FY 2025-26 and an annualized run rate of over Rs. 170 Crores for the last three months as per Ind AS.
Source: BSE
