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.
Sesa Care is a leading brand in the Ayurvedic hair care market with strong brand equity. The merger will bring to Dabur India a premium brand with strong credentials in Ayurveda, complementing its existing portfolio and strengthening its presence in the hair care category.
Dabur India Limited Global Chief Executive Officer, Mohit Malhotra, 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.”
“The integration of Sesa Care is aligned with our long-term strategy of strengthening our portfolio and tapping newer growth opportunities. We will look to leverage Dabur India’s extensive distribution network, category expertise and access to key international markets to expand Sesa Care’s reach and unlock revenue and cost synergies from the combined business.” Dabur India Limited Executive Director and Group Head of Corporate Strategy Abhinav Dhall added.
As part of the transaction, first announced in October 2024, Dabur India had initially acquired 51% of the paid-up Cumulative Redeemable Preference Shares (CRPS) of Sesa Care from its existing shareholder, True North. The Scheme had earlier received the requisite approvals of Dabur India’s equity shareholders and unsecured creditors at meetings convened pursuant to the directions of the NCLT on May 2, 2026, followed by approvals from relevant regulatory authorities. The merger will become effective upon completion of the necessary statutory filings and other conditions stipulated under the Scheme.
