Emami Limited has acquired 1,064 equity shares of IncNut Digital Private Limited on June 11, 2026, increasing its stake in the digital subsidiary from 59.69% to 60.00%. The purchase was executed under the Share Subscription and Purchase Agreement governing Emami's investment in IncNut.
Emami had previously informed the exchanges about the acquisition on May 7, 2026, and June 1, 2026. The June 11 transaction follows the terms outlined in the share purchase agreement and represents an update to the previously disclosed acquisition plan.
With this purchase, Emami's total shareholding in IncNut Digital Private Limited has reached 60.00%, an increase of 0.31 percentage points from the earlier holding of 59.69%. The acquisition takes Emami's ownership past the 60% threshold, further consolidating its control over the digital business.
Emami disclosed the transaction to the National Stock Exchange, where it is listed under the symbol EMAMILTD, and to BSE Limited, where it is listed under scrip code 531162. The disclosure was made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 read with the SEBI master circular dated January 30, 2026. The company secretary submitted the filing on June 12, 2026.
Ravi Varma, Company Secretary and Compliance Officer of Emami Limited, signed the regulatory filing. The disclosure states that further details of the acquisition and the Share Subscription and Purchase Agreement are available on Emami's corporate website at www.emamiltd.in. The filing serves as an intimation under Regulation 30 requirements.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.