Marico has raised its stake in Satiya Nutraceuticals, owner of plant-based nutrition and personal care brand Plix, to 84.09%, valuing the company at about Rs 4,200 crore, as the consumer goods maker deepens its bet on the fast-growing health and wellness market.Marico acquired a further 24.09% stake in Satiya on Monday for Rs 1,012.03 crore, taking its holding from 60% to 84.09% on a fully diluted basis, the company said in a stock exchange
