COMPANY NEWS


Emami Ltd
BSE Code 531162 ISIN Demat INE548C01032 Book Value (₹) 53.75 NSE Symbol EMAMILTD Div & Yield % 1.54 Market Cap ( Cr.) 22,975.18 P/E * 35.02 EPS * 15.03 Face Value (₹) 1
* Profit to Earning Ratio
* Earning Per Share
Emami to acquire 26% stake in Axiom Ayurveda Back
(28 Sep 2023)
Emami has entered into definitive agreements today to acquire 26% of shareholding of Axiom Ayurveda (Axiom) on a fully diluted basis, which owns the brand “Alofrut” - a proprietary fusion of aloevera pulp with fruit blend.

This investment is in line with Emami's strategy to invest in Health & Wellness segment and will also help Emami to enter into this growing segment.