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Marico to acquire balance 46% stake in True Elements
The Free Press Journal - Indore
|September 13, 2025
Home-grown FMCG products maker Marico has announced the acquisition of the remaining 46.02 per cent shares of HW Wellness Solutions, which owns the True Elements brand.
This will be done for a consideration of "up to Rs 138 crore" towards the acquisition of the balance 46.02 per cent equity stake in HW Wellness, Marico said in a regulatory filing.
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