Dabur India Limited — Board Meeting, 30-10-2024: Outcome of Board Meeting

Dabur India Limited has entered into an agreement to acquire a 51% stake in Sesa Care Private Limited, a leading Ayurvedic hair care brand, for ₹12.6 crore. The merger aims to enhance Dabur's presence in the ₹900 crore Ayurvedic hair oil market, leveraging Sesa's strong brand equity and product range. Post-merger, Sesa Care will become a wholly owned subsidiary of Dabur. The transaction, needing regulatory approvals, is expected to be completed in 15-18 months.