ANI
25 Sep 2026, 16:14 GMT+10
New Delhi [India], September 25 (ANI): The National Company Law Tribunal (NCLT), New Delhi Bench, has approved the merger of Sesa Care Private Limited with Dabur India, paving the way for the integration of the premium Ayurvedic hair care brand into Dabur's portfolio, the company said on Friday.
Dabur India said the NCLT, at its hearing on Thurdsday, sanctioned the Scheme of Amalgamation of Sesa Care with the company. The merger is expected to strengthen Dabur's presence in the hair care segment and provide opportunities to expand Sesa Care by leveraging its distribution network, category expertise and international presence, Dabur said.
"The NCLT approval is an important milestone in our journey with Sesa Care. Sesa Care is a premium brand with strong Ayurvedic credentials and complements our existing hair care portfolio well. We see significant potential in bringing the two businesses together and building Sesa Care into a stronger and larger brand," Dabur India Global Chief Executive Officer Mohit Malhotra said.
Dabur India Executive Director and Group Head of Corporate Strategy Abhinav Dhall said the integration is aligned with the company's long-term strategy of strengthening its portfolio and tapping newer growth opportunities.
The company said it will leverage Dabur's extensive distribution network, category expertise and presence in key international markets to expand Sesa Care's reach and unlock revenue and cost synergies from the combined business.
Sesa Care is a leading Ayurvedic hair care brand with strong brand equity, according to Dabur India. The company said the brand's premium positioning and Ayurvedic credentials complement its existing hair care portfolio and will help strengthen its presence in the category.
The transaction was first announced in October 2024, when Dabur India acquired 51 per cent of the paid-up Cumulative Redeemable Preference Shares (CRPS) of Sesa Care from its existing shareholder, True North.
The scheme subsequently received the requisite approvals from Dabur India's equity shareholders and unsecured creditors at meetings convened pursuant to NCLT directions on May 2, 2026, followed by relevant regulatory approvals, the company said.
Dabur India said the latest NCLT approval marks a key milestone in the transaction. The merger will become effective after completion of the required statutory filings and other formalities under the scheme. (ANI)
Get a daily dose of Milwaukee Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Milwaukee Sun.
More InformationHONG KONG/BEIJING: China's latest purge of senior military commanders is raising questions about how quickly the People's Liberation...
RIYADH, Saudi Arabia: Saudi Arabia has resumed operations at its East-West Pipeline after an 11-day shutdown caused by a drone attack,...
WASHINGTON, D.C.: Taiwan arms sales are expected to be a key point of contention when Chinese President Xi Jinping meets U.S. President...
VATICAN CITY: Pope Leo will begin a four-day visit to France on Friday, becoming the first pope in nearly 20 years to make a formal...
WARSAW, Poland: Polish authorities have charged a teenager linked to neo-Nazi groups with offenses related to the alleged preparation...
MOSCOW, Russia: Russia launched a major overnight missile and drone attack on Ukraine on September 22, killing four people and damaging...
BEIJING/WASHINGTON, D.C.: Chinese President Xi Jinping is due to visit Washington this week for a September 24 meeting with U.S. President...
(Photo credit: Jayne Kamin) Having seen their chances of gaining the top seed in the National League playoffs die in a two-game span,...
(Photo credit: Paul Rutherford) The Cleveland Guardians earned their third consecutive American League playoff berth on Thursday...
(Photo credit: Benny Sieu) After reaching 100 victories for the first time in franchise history, the Milwaukee Brewers will focus...
(Photo credit: Brad Penner) The New York Yankees are tuning up for what they hope is a deep postseason run while the Baltimore Orioles...
(Photo credit: Ron Chenoy) Gabriel Moreno and Nolan Arenado homered in a six-run first inning and the surging Arizona Diamondbacks...
