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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Category: Emami
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Exclusive: The epic story of Emami – Pioneering growth in every stride
In the 1970s, Radheshyam Agarwal and Radheshyam Goenka embarked on a daring journey, leaving behind their stable corporate positions at the Birla group to pursue a dream. Their relentless efforts, perseverance, and unwavering entrepreneurial spirit culminated in the establishment of what is now known as the Emami Group, one of the leading diversified multinational conglomerates. Over the years, Emami has built a strong reputation in the healthcare and personal…
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Havas Media Network appoints Shaktipriyo Sikdar as head of digital services
During his stint at Emami, Shaktipriyo Sikdar’s skills ranged from paid advertising, growth strategies, display advertising, analytics, acquisition marketing, marketing technology, paid search strategy, paid search campaigns, consumer behavior and team management.
Shaktipriyo Sikdar, who led Emami as head – digital marketing, has joined Havas Media Network as head of digital services – South, India.
He started his career with karROX Technologies and went on to work across Lodha Group,…
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Is There Now An Opportunity In Emami Limited (NSE:EMAMILTD)?
Emami Limited (NSE:EMAMILTD), might not be a large cap stock, but it received a lot of attention from a substantial price movement on the NSEI over the last few months, increasing to ₹573 at one point, and dropping to the lows of ₹455. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Emami’s current trading price of ₹458 reflective of the actual value of the mid-cap? Or is…
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FMCG’s Middle Order Plays Stellar Innings
KOLKATA-HEADQUARTERED Emami recently celebrated 50 years of existence. It was in 1974 that founders Radheshyam Agarwal and Radheshyam Goenka quit their corporate jobs to launch a cosmetic company at a time when the likes of Hindustan Unilever and Dabur ruled the roost. Despite tough competition, their products, Emami Talcum Powder and Emami Vanishing Cream, became popular, particularly in eastern parts of the country. The entrepreneur duo, however, realised that in order to get scale,…
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India’s Mid-Sized FMCG Firms Thrive by Filling Big Players’ Gaps: Emami’s 50-Year Journey
KOLKATA-HEADQUARTERED Emami recently celebrated 50 years of existence. It was in 1974 that founders Radheshyam Agarwal and Radheshyam Goenka quit their corporate jobs to launch a cosmetic company at a time when the likes of Hindustan Unilever and Dabur ruled the roost. Despite tough competition, their products, Emami Talcum Powder and Emami Vanishing Cream, became popular, particularly in eastern parts of the country. The…
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Emami invests Rs 1.95 crore in pet-care products maker Cannis Lupus | Capital Market News
Emami said that it has entered into an agreement for investing Rs 1.95 crore, by way ofsubscription to the compulsorily convertible preference shares of Cannis Lupus Services India, its associate company.
Cannis Lupus Services India has presence in India and is engaged in the business of services for pets and is launching medicinal, food, supplements and other complimentary products for pets. Cannis had recorded turnover of Rs 46 lakhs in the financial year 2022-23.
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Emami Fully Acquires Pet Care Innovator Cannis Lupus with Rs 1.95 Crore Investment
Emami, a prominent Indian FMCG giant, has strategically increased its investment in Cannis Lupus Services India, an associate company pioneering in pet care products and services, by injecting Rs 1.95 crore for a complete acquisition through compulsorily convertible preference shares (CCPS). This decisive move not only elevates Emami’s stake in Cannis Lupus to a full 100% of CCPS but also marks a significant expansion of its…
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Emami invests Rs 1.95 crore in pet-care products maker Cannis Lupus
Emami said that it has entered into an agreement for investing Rs 1.95 crore, by way ofsubscription to the compulsorily convertible preference shares of Cannis Lupus Services India, its associate company.
Cannis Lupus Services India has presence in India and is engaged in the business of services for pets and is launching medicinal, food, supplements and other complimentary products for pets. Cannis had recorded turnover of Rs 46 lakhs in…
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Emami stocks: Buy Emami, target price Rs 616: Anand Rathi
Anand Rathi has buy call on Emami with a target price of Rs 616. The current market price of Emami Ltd. is Rs 462.2. Emami Ltd., incorporated in the year 1983, is a Mid Cap company (having a market cap of Rs 20231.78 Crore) operating in FMCG sector. Emami Ltd. key Products/Revenue Segments include Personal Care and Other Operating Revenue for the year ending 31-Mar-2023. Financials For the quarter ended 31-12-2023, the company reported a Consolidated Total Income of Rs 1013.03 Crore,…
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