Emami to acquire remaining 4.64% stake in its subsidiary Brillare Science

Emami to acquire remaining 4.64% stake in its subsidiary Brillare Science

Indian FMCG player Emami Ltd on Wednesday (March 27) said it will acquire the remaining 4.64% stake in its subsidiary, Brillare Science Pvt Ltd.”This to inform you that Emami Ltd holds 95.36% in the paid-up capital of its subsidiary company, Brillare Science Pvt Ltd (Brillare). The company has further entered into Share Purchase Agreement with the founder & other shareholders of Brillare for acquiring a remaining stake of 4.64 % of that company,” the company said in a stock exchange…
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Source: https://www.cnbctv18.com/business/companies/emami-to-acquire-remaining-4-64-pc-stake-in-its-subsidiary-brillare-science-19377701.htm/amp