MT Newswires Live10:48
Dabur India (NSE:DABUR, BOM:500096) said the National Company Law Tribunal has sanctioned the scheme of amalgamation between Sesa Care and Dabur India, according to a Saturday exchange filing.
Under the scheme, Sesa Care, which makes and sells Ayurvedic personal care and wellness products, will merge with Dabur.
The merger is intended to strengthen Dabur's hair-care portfolio by adding Sesa's Ayurvedic hair-oil business and expand its reach through Dabur's distribution network.
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