Emami to buy 60% stake in SkinKraft, Vedix parent IncNut for Rs 321 crore

Kolkata's Emami is set to acquire a significant 60% stake in IncNut Digital. This company is the driving force behind popular beauty brands Vedix and SkinKraft. The initial deal is valued at Rs 321 crore. Emami also plans to acquire the remaining stake in IncNut over the next four and a half years.