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This Indian D2C Food Brand Will Get Rs 369 Crore From Marico For Acquiring 58% Stake - Trak in - Indian Business of Tech, Mobile & Startups

This Indian D2C Food Brand Will Get Rs 369 Crore From Marico For Acquiring 58% Stake - Trak in - Indian Business of Tech, Mobile & Startups
trak.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from trak.in Daily Mail and Mail on Sunday newspapers.

India generalAkash zaveriSaugata guptaRishubh satiyaPlant based foods industry associationSatiya nutraceuticalsFrom marico for acquiringPlant based foods industryYoga bar

Marico to acquire majority stake in The Plant Fix- Plix for Rs 369 crore, ET Retail

Marico: As part of the transaction, the company has acquired 32.75% stake in Satiya Nutraceuticals on a fully diluted basis and requisite majority control over its board composition and total voting rights. Accordingly, it has become a subsidiary of the company and the acquisition of remaining stake of 25.25% on a fully diluted basis will be completed in tranches by May 2025, subject to terms and conditions of the definitive agreements.

Saugata guptaRishubh satiyaAkash zaveriPlant based foods industry associationSatiya nutraceuticalsPlant based foods industryMarico limitedSatiya nutraceuticalsRishubh satiyaSaugata guptaConsumer goodsNutrition brand

Marico Limited: Marico to acquire majority stake in The Plant Fix- Plix for Rs369 crore

As part of the transaction, the company has acquired 32.75% stake in Satiya Nutraceuticals on a fully diluted basis and requisite majority control over its board composition and total voting rights. Accordingly, it has become a subsidiary of the company and the acquisition of remaining stake of 25.25% on a fully diluted basis will be completed in tranches by May 2025, subject to terms and conditions of the definitive agreements.

Rishubh satiyaAkash zaveriSaugata guptaPlant based foods industry associationSatiya nutraceuticalsPlant based foods industryMarico limited

Plant-Based Foods Industry Is Experiencing Rapid Growth And Transformation: PBFIA

India’s plant-based foods industry has huge potential to play a leading role in the global market. New Delhi hosts the 2nd Plant-Based Foods Summit. TheHealthSite.com

New delhiSanjay sethiProveg internationalUs soybean export councilIndian chamberMinistry of food processing industries moManeka gandhi member of parliamentMinistry of agricultureAmar patnaik member of parliamentFood products export development authorityPlant based foods industry associationPlant based foodsExecutive directorPlant based foods summitFirst plant protein clusterFood processing industries

Seven Countries Join Working Group To Support Growing Plant-Based Sector

Seven plant-based food associations worldwide have teamed up in a working group devoted to supporting the development of the growing sector.

United kingdomRachel dreskinSanjay sethiInternational plantInternational plant based foods working groupChina plant based foods associationPlant based foods associationFood alliance united kingdomEuropean alliance for plant based foodsPlant based foods association youtubeEuropean foods associationFoods working groupPlant based foods industry association indiaFoods industry associationFoods associationPlant based foods