Dabur India Limited — JV/Acquisition, 30-10-2024: Acquisition

Dabur India Limited has announced a strategic merger with Sesa Care Private Limited, acquiring 51% of its preference shares for ₹12.6 crore. This merger aims to enhance Dabur's position in the Ayurvedic hair care market, offering significant growth opportunities and cost synergies. Sesa Care, known for its strong Ayurvedic brand, will become a wholly-owned subsidiary of Dabur, with the completion of the merger expected within 15-18 months, pending regulatory approvals.