Emami acquires balance 4.64% stake in Brillare Science

Emami holds 95.36% in the paid up capital of its subsidiary
Company, Brillare Science (Brillare). The Company has further entered into Share Purchase Agreement with the founder & other shareholders of Brillare for acquiring remaining stake of 4.64 % of that Company. Consequently, Emami's Shareholding in Brillare has increased from 95.36% to 100% and it has become a wholly owned subsidiary of the
Company.
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First Published: Mar 27 2024 | 6:49 PM IST
