Marico Limited (BSE:531642) acquired 53.98% stake in HW Wellness Solutions Private Limited on May 23, 2022. The consideration was paid in cash. FOr the period ended March 31, 2022, HW wellness reported unaudited revenues of INR 543 million.

Marico Limited (BSE:531642) completed the acquisition of 53.98% stake in HW Wellness Solutions Private Limited on May 23, 2022.