Emami rises on inking pact to acquire 60% stake in IncNut Digital
Emami is currently trading at Rs. 456.50, up by 4.25 points or 0.94% from its previous closing of Rs. 452.25 on the BSE.
The scrip opened at Rs. 456.05 and has touched a high and low of Rs. 457.95 and Rs. 446.50 respectively. So far 12709 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 655.40 on 19-May-2025 and a 52 week low of Rs. 385.35 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 477.25 and Rs. 397.15 respectively. The current market cap of the company is Rs. 19982.97 crore.
The promoters holding in the company stood at 54.84%, while Institutions and Non-Institutions held 35.50% and 9.66% respectively.
Emami has entered into a definitive agreement to acquire an 60% stake (on a fully diluted basis) in IncNut Digital (IncNut), along with its subsidiaries and associates. The transaction, valued at Rs 321 crore, includes performance-linked adjustments over a 24-month period. Further, Emami would acquire the remaining stake in IncNut Digital within next 4 and half years in two tranches from current closing at a consideration to be determined as per agreed matrix on future performances.
IncNut is among India’s early players in the personalised beauty and personal care segment, operating through its flagship brands Vedix and SkinKraft.
