Dabur India announced on Friday that it has received permission from the National Company Law Tribunal (NCLT) in New Delhi to merge with Sesa Care Private Limited.
The Tribunal approved the Merger Scheme during hearings held on Thursday, September 24, 2026, as stated in the company's regulatory filings submitted on Friday. This approval paves the way for the integration of Sesa Care into Dabur India, provided all necessary legal procedures are completed and other conditions stipulated in the scheme are met.
Sesa Care is a leading brand in Ayurvedic skincare cosmetics, possessing significant brand value. The company noted that the merger will allow Dabur India to acquire a premium brand with strong Ayurvedic credentials, which will complement its existing portfolio and strengthen the company's position in the hair care segment.
From 51% Acquisition to Full Merger
Previously, in October 2024, Dabur announced this deal, initially acquiring 51 percent of the paid-up cumulative preference shares with redemption rights (CRPS) of Sesa Care from the existing shareholder, True North. Subsequently, the deal was advanced through a Merger Scheme between Sesa Care and Dabur India.
At the time of the announcement in October 2024, Dabur characterized Sesa as ranking third in the Indian Ayurvedic hair oil category. The company also mentioned the Ayurvedic hair oil market as being worth 900 crore rupees.
The proposed merger had previously obtained the necessary approvals from the shareholders of equity and unsecured creditors of Dabur India at meetings convened as per the directions of the NCLT on May 2, 2026, as well as approval from relevant regulatory bodies. The effective date of the Scheme is set for April 1, 2026, and the merger will take effect after the completion of all required legal procedures and compliance with the terms outlined in the Scheme.