Emami Completes Acquisition of 2,05,767 Shares in IncNut Digital, Secures 59.69% Stake

Emami Limited has completed the acquisition of a 59.69% stake in IncNut Digital Private Limited, according to an exchange filing dated 1 June 2026.  

The transaction involved the acquisition of 2,05,767 equity shares of IncNut Digital, resulting in the company becoming a subsidiary of Emami.  

The development follows an earlier announcement made by Emami on 7 May 2026 regarding the proposed acquisition. 

Final Leg of Transaction Pending 

While the majority stake acquisition has been completed, a small portion of the transaction remains pending.  

Emami informed the exchanges that the acquisition of the remaining 0.31% stake, comprising 1,064 equity shares, will be completed in accordance with the terms of the Share Subscription and Purchase Agreement. 

The company did not disclose a timeline for the transfer of the remaining shares in the latest filing. Once completed, the transaction will conclude the acquisition process outlined in the agreement between the parties. 

Acquisition Moves Ahead 

The latest disclosure confirms that Emami has secured a controlling stake in IncNut Digital through the acquisition of nearly 60% of the company's equity capital.  

With the transaction now substantially completed, IncNut Digital has been classified as a subsidiary of Emami. 

The filing was signed by Ravi Varma, Company Secretary and Compliance Officer of Emami Limited, and has been submitted to both stock exchanges for information and record purposes. 

Exchange Filing Details 

Emami noted that details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 had already been submitted through its earlier intimation dated 7 May 2026. 

Read More: IEX Launches Wholly Owned Subsidiary Indian Coal Exchange Limited for Online Coal Trading! 

Emami Limited Share Price Performance  

As of June 2, 2026, 10:40 am, Emami Ltd share price was trading at ₹394.70, down 0.73% from the previous closing price. 

Conclusion 

Emami has completed the acquisition of 2,05,767 equity shares representing a 59.69% stake in IncNut Digital. The remaining 1,064 shares, equivalent to 0.31% of the company's equity, are yet to be acquired under the terms of the agreement, according to the exchange filing. 

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