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NCLT Approves Dabur India-Sesa Care Merger; Shares Edge Lower
Dabur India is joining its business with Sesa Care.
Sesa Care sells Ayurvedic hair-care products under the Sesa brand.
The merger received approval from the National Company Law Tribunal.
Dabur said Sesa will strengthen its existing hair-care products.
The company plans to use its distribution network to help Sesa reach more customers.
Dabur also expects the combined businesses to create revenue and cost benefits.
Shareholders and unsecured creditors had approved the scheme at meetings on May 2, 2026.
The merger is not effective yet because some filings and other conditions still need to be completed.
Dabur India shares were trading 0.19 per cent lower at Rs 384.40 at the latest check.
The National Company Law Tribunal approved Dabur India’s merger with Ayurvedic hair-care company Sesa Care.
The merger, first announced in October 2024, will add Sesa’s premium Ayurvedic brand to Dabur’s hair-care portfolio.
Dabur initially acquired 51 per cent of Sesa Care’s paid-up Cumulative Redeemable Preference Shares from True North.
The merger will take effect after statutory filings and other conditions under the scheme are completed.
- Who
- Dabur India and Sesa Care, with Sesa Care previously held by shareholder True North.
- What
- The National Company Law Tribunal approved a scheme to merge Sesa Care with Dabur India.
- Where
- The articles do not specify a location for the merger approval or transaction.
- When
- The merger was first announced in October 2024; shareholder and creditor approvals were received on May 2, 2026.
- Why
- Dabur said the combination will strengthen its hair-care portfolio, expand Sesa Care’s reach, and create revenue and cost synergies.
Key facts
- Stock reaction
- Dabur India shares were down 0.19 per cent at Rs 384.40 at the latest check.
- Merger announcement
- October 2024
- Acquisition stake
- Dabur initially acquired 51 per cent of Sesa Care’s paid-up Cumulative Redeemable Preference Shares.
- Seller
- True North
- Brand
- Sesa Care owns the Sesa Ayurvedic hair-care brand.
- Earlier approvals
- Dabur India’s equity shareholders and unsecured creditors approved the scheme on May 2, 2026.
- Effective date
- The merger will become effective after required statutory filings and other scheme conditions are completed.
Quotes
Mohit Malhotra
Dabur India Global CEO
“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.”
businesstoday.in
“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.”
businesstoday.in
Sources
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