Dabur India Limited — Important, 10-01-2025: General Updates

Dabur India Limited has secured 51% ownership of Sesa Care Private Limited (SESA) by acquiring 1,25,90,070 Cumulative Redeemable Preference Shares for a total cost of ₹12.59 Cr. This strategic move could enhance Dabur's presence in the personal care segment.

Additionally, Dabur has extended corporate guarantees for SESA's loans. These guarantees cover outstanding dues of ₹242.45 Cr to Bank of America and ₹54 Cr to Axis Bank. The guarantees will remain in effect until SESA's total obligations are fully settled.

This acquisition and the accompanying financial support demonstrate Dabur's commitment to bolstering its operations, presenting a potentially positive outlook for growth and market position. Investors should watch closely for developments as Dabur integrates SESA into its business framework, potentially unlocking new revenue streams.