Marico to acquire up to 22.5% stake in Revofit

Marico has agreed to make a strategic investment in Revolutionary Fitness ('Revofit') by acquiring/ agreeing to acquire equity shares upto 22.5% of the post-acquisition paid-up share capital of Revofit. Towards this end, the Company has on 13 April 2018 entered into Shareholders' Agreement and Share Subscription Agreement.

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