Marico has officially extended the timeline for acquiring the remaining 40% stake in Satiya Nutraceuticals Private Limited by 12 months. The consumer goods company informed stock exchanges through a regulatory filing that it has amended the definitive agreement to extend the acquisition period, moving the deadline from FY27 to FY28.

Acquisition Timeline Extension

The key details of the timeline extension are outlined below:

Strategic Background

Marico has already acquired an aggregate 60% stake on a fully diluted basis in Satiya Nutraceuticals, the entity that owns the PLIX brand. The company had previously communicated to exchanges in letters dated July 26, 2023, November 30, 2023, and May 31, 2025, regarding its progressive acquisition of the majority stake.

Agreement Amendment Details

The amendment to the definitive agreement was made based on mutual understanding between the parties and in alignment with strategic priorities. The extended timeline is subject to mutually agreed milestones and conditions, providing both parties with additional flexibility in completing the transaction.

Regulatory Compliance

The update was shared with both BSE Limited and The National Stock Exchange of India Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure has also been made available on the company's official website for investor reference.

This extension demonstrates Marico's continued commitment to acquiring full ownership of the PLIX brand while allowing for strategic alignment and milestone achievement between the transaction parties.

Marico Limited , one of India's leading FMCG majors, has achieved significant sustainability milestones, reinforcing its position as a sector leader in ESG performance. The company announced dual A- ratings in CDP 2025 assessments alongside maintaining its 'Leader' status with an ESG rating of 78 from NSE Sustainability Ratings Analytics Limited.

CDP Assessment Achievements

Marico delivered a strong performance in CDP 2025 assessments, marking a major step forward in its global sustainability journey with dual A- ratings:

NSE ESG Rating Performance

NSE Sustainability, a SEBI-registered ESG Rating Provider, independently assessed Marico's performance across Environmental, Social, and Governance parameters for fiscal year 2025:

Comprehensive ESG Improvements

Marico has demonstrated significant improvements across multiple ESG rating platforms. The company achieved a 15-point jump in the S&P CSA score from 64 to 79, an ESG risk rating of 18.80 by Sustainalytics positioning it among the lowest risk-rated FMCG companies globally, and sustained the AA rating with MSCI.

Sustainability Targets and Progress

Marico has established bold ESG targets with measurable progress across multiple areas:

Commenting on the recognition, Amit Bhasin, Chief Legal Officer Group General Counsel and Secretary, CSR Committee, stated that securing dual A- scores in CDP's rigorous assessments and leading the FMCG sector in NSE ESG ratings underscores the strength of Marico's sustainability strategy and unwavering commitment to embedding responsible practices across the value chain.

Strategic Sustainability Framework

Through its Responsible Sourcing Framework, Samyut, the company aims to certify 100% of its critical suppliers at Level 1 and 50% at Level 2 by 2030. These achievements reflect Marico's deep climate ambition, disciplined approach to water stewardship, and progress toward deforestation-free sourcing, demonstrating transparent and responsible commitment to building resilience and driving ESG excellence across its value chain.