Emami provides update on subsidiary

Emami International FZE hikes its stake in Fravin, Australia

Emami announced that Emami International FZE, (a Wholly owned subsidiary of the Company based in Dubai) has further acquired 18.33% of the Share Capital of its subsidiary Fravin, Australia.

Consequent to the above acquisition of shares, aggregate shareholding of Emami International FZE in its subsidiary Company Fravin has been increased from 66.67 % to 85% share capital of Fravin.

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