Emami to acquire 100% stake in Axiom Ayurveda, maker of Alofrut flavoured drink: Here are the details

Emami is about to accumulate the remaining 73% stake in Axiom Ayurveda, the mum or dad firm of flavoured drink model Alofrut, bringing its complete possession to 100%. The fast-moving client items (FMCG) firm already had a 27% stake in Axiom Ayurveda.In an change submitting on Thursday, Emami stated it's buying the remaining 73% stake in Axiom Ayurveda for an quantity not exceeding ₹200 crore. The FMCG big additionally famous that the transaction...

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