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Dabur gets National Company Law Tribunal approval for Sesa Care merger
In October 2024, Dabur India had said it will acquire 51 per cent of the paid-up Cumulative Redeemable Preference Shares of Sesa Care from its existing shareholder, True North for Rs 12.59 crore at face value
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Dabur India. File picture
Home-grown FMCG major Dabur India on Friday said the National Company Law Tribunal (NCLT) has approved ayurvedic hair care brand Sesa Care's merger with the company.
"The NCLT approval marks a key milestone in the transaction first announced in October 2024 and paves the way for the integration of Sesa Care with Dabur India, subject to completion of the necessary statutory filings and other formalities," Dabur India said in a regulatory filing on Friday.
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