Emami Limited (BSE:531162) signed a share purchase agreement to acquire 4.64% stake in Brillare Science Pvt. Ltd. from founder and other shareholders of Brillare Science Pvt. Ltd. on March 27, 2024.

Prior to the transaction, Emami Limited (BSE:531162) held 95.36%. Brillare Science Pvt. Ltd. reported revenue of INR 197.1 million for FY 2022-23.

The expected date of acquisition is on March 27, 2024.