This is to inform you that Marico Limited ("the Company") has entered into definitive agreements today to acquire upto 58% of the paid-up share capital of Satiya Nutraceuticals Private Limited ("Satiya Nutraceuticals"), on a fully diluted basis, the company which owns the brand "the Plant Fix - Plix" - a leading plant based nutrition brand with a strong presence in the rapidly growing health and wellness segment. As part of the transaction, the Company has acquired 32.75% stake in Satiya Nutraceuticals on a fully diluted basis and requisite majority control over its Board composition/ total voting rights on July 26, 2023, and accordingly it has become a subsidiary of the Company. The acquisition of remaining stake of 25.25% on a fully dilutes basis, will be completed in tranches by May, 2025, subject to terms and conditions of the definitive agreements. This is for your information and records.