Marico Limited completes acquisition of 75% stake in Skinetiq, Vietnam
Marico · Agricultural Food & other Products
Key highlights
- Marico South East Asia Corporation (MSEA), a wholly owned subsidiary of Marico Limited, acquired 75% of Skinetiq Joint Stock Company.
- Skinetiq owns the digital-first skincare brand 'Candid' and has exclusive distribution rights for the brand 'Murad' in Vietnam.
- The transaction was completed on April 2, 2026, making Skinetiq a subsidiary of MSEA and consequently of Marico Limited.
Why it's rated notable: The filing confirms a completed acquisition of 75% of Skinetiq but states no transaction value, so the level stays at medium.
Original filing
Announcement under Regulation 30 (LODR)-Updates on Acquisition
Read the filing on BSE (PDF) →Companies guiding to strong growth
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Potential multibaggers · Q2 FY27
Potential multibaggers in Agricultural Food & other Products
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.