Dabur India to bring Ayurvedic brand Sesa Care under its portfolio after NCLT nod
New Delhi, Sept. 25 -- Dabur India is set to expand its presence in the premium Ayurvedic hair-care segment after the National Company Law Tribunal (NCLT), New Delhi Bench, approved the merger of Sesa Care Private Limited with the consumer goods company on Friday.
The merger will bring Sesa, the Ayurvedic hair-care brand, into Dabur's portfolio.
The merger will become effective after completion of the required statutory filings and other formalities under the scheme.
Dabur India said the NCLT, at its hearing on Thursday, 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 distri...
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