Bajaj Consumer Care Limited — Board Meeting, 14-02-2025: Outcome of Board Meeting

Bajaj Consumer Care Limited has announced a board meeting outcome where it has approved a Share Purchase cum Shareholders Agreement to acquire 100% of Vishal Personal Care Private Limited in two tranches. The company will initially acquire 49% of equity shares followed by 51%. The total estimated cash consideration for the acquisition is approximately ₹120 crore, valuing the enterprise at ₹108.3 crore. This acquisition aligns with Bajaj Consumer's strategy to enhance its distribution in Southern India and innovate its product offerings.