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Informist, Thursday, Sept. 24, 2026

 

--NCLT Delhi approves Sesa Care's merger with Dabur India 

 

By Surya Tripathi

 

NEW DELHI – The Delhi bench of the National Company Law Tribunal Thursday approved the merger of Sesa Care Pvt. Ltd. with Dabur India Ltd. Noting that the plea was filed for amalgamation of companies, the bench of judicial member Bachu Venkat Balaram Das and technical member Ravindra Chaturvedi said the scheme of merger stands sanctioned. 

 

According to the merger scheme, 10 equity shares of Dabur India of INR 1 each fully paid up will be given for every 146,779 Class A equity shares of Sesa Care of INR 10 each fully paid up. Further, 10 equity shares of Dabur India of INR 1 each fully paid up will be given for every 244,860 Class B equity shares of Sesa Care of INR 6 each fully paid up, said the scheme. It stated that 10 equity shares of Dabur India of INR 1 each fully paid up will be given for every 433 cumulative redeemable preference shares of Sesa Care of INR 10 each fully paid up.

 

The scheme of amalgamation said that no equity shares shall be issued by Dabur India in respect of the shares held by Sesa Care in the transferor company and all such shares shall stand cancelled upon the merger becoming effective. The new equity shares to be issued and allotted pursuant to the merger shall be subject to the provisions of the memorandum of association and articles of association of Dabur India and shall rank on equal footing in all respects with the existing equity shares of the company, it said. 

 

 

Dabur India is a market leader in the hair oil category while Sesa Care is a leading brand with strong recall and third in position in the ayurvedic hair oil category. The merger presents a strategic opportunity for Dabur India to bring a premium brand with strong credentials around ayurveda to its product portfolio--a key whitespace in its current hair oil portfolio, said the amalgamation scheme. This will strengthen Dabur India's presence in the hair care category and present an opportunity to bring Sesa's range of ayurvedic hair care products to a wider consumer base, both domestically and internationally, it said.

 

The amalgamation will enhance the growth potential of the combined entity in the hair oil segment which is expected to benefit from Dabur's experience and expertise, advanced supply chain capabilities, extensive distribution network, deep category knowledge, market research abilities, technical engineering and access to key international markets, said the merger documents. This strategic combination is expected to deliver long-term value to all stakeholders, it said.

 

Sesa Care is primarily engaged in the business of manufacturing, purchasing and selling ayurvedic personal care and wellness products for personal or household use. Dabur India is one of the leading fast moving consumer goods players dealing in consumer care and food products. Dabur India has manufacturing facilities across the length and breadth of the country and research and development centre in Sahibabad, Uttar Pradesh, and sells primarily in India through independent distributors. Dabur also has a manufacturing presence that extends across four continents, the Middle East, Africa, South Asian Association for Regional Cooperation and Europe, ensuring proximity to key markets while leveraging regional expertise and resources. 

 

Thursday, the shares of Dabur India Ltd. ended 0.4% lower at INR 385.70 on the National Stock Exchange.  End

 

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Akul Nishant Akhoury

 

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