The board of Emami at its meeting held today, i.e., 7 May 2026 has approved the execution of a share subscription and purchase agreement (SSPA) for acquiring 60% stake in IncNut Digital.
IncNut Digital is having its wholly owned subsidiary- IncNut Lifestyle Retail, engaged in personalised beauty and personal care segment, operating through its flagship brands Vedix and SkinKraft.
The proposed transaction reinforces the presence of Emami across high-growth BPC segments and positions well for the next phase of consumer demand. |