NCLT Sanctions Scheme of Amalgamation of Sesa Care with the Company
NCLT, New Delhi Bench, on September 24, 2026 pronounced the order sanctioning the Scheme of Amalgamation of Sesa Care Private Limited with Dabur India.
By ScoutQuest · · 2 min read
- NCLT Sanction Date
- September 24, 2026
- Appointed Date of Scheme
- April 01, 2026
- Target Company
- Sesa Care Private Limited
- Stake Acquired Earlier
- 51% of paid-up CRPS from True North
- Transaction Announcement Date
- October 2024
What happened
The National Company Law Tribunal, New Delhi Bench, in its hearing held on September 24, 2026, pronounced the order sanctioning the Scheme of Amalgamation between Sesa Care Private Limited (Transferor Company) and Dabur India Limited (Transferee Company) and their respective shareholders and creditors, under Sections 230 to 232 of the Companies Act, 2013.
The copy of the NCLT order will be intimated in due course, as and when uploaded by the NCLT on its website.
Key terms
- Appointed Date of the Scheme: April 01, 2026.
- The merger becomes effective on completion of necessary statutory updates and other conditions stipulated under the Scheme.
- The Company says it is in the process of taking the steps laid out in the Scheme.
Background
The transaction was first announced in October 2024. As part of it, 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 approvals of Dabur India's equity shareholders and unsecured creditors at meetings convened pursuant to NCLT directions on May 2, 2026, followed by approvals from relevant regulatory authorities.
What the company says about the fit
Sesa Care is described as a leading brand in the Ayurvedic hair care market with strong brand equity. Management states the merger brings a premium Ayurvedic brand that complements Dabur's existing hair care portfolio, and that it intends to leverage Dabur's distribution network, category expertise and access to key international markets to expand Sesa Care's reach and unlock revenue and cost synergies.
Company context mentioned
Dabur describes itself as one of India's leading FMCG companies with a legacy of 142 years, with products reaching 8 out of every 10 Indian households. Its portfolio includes four ₹1,000 crore-plus brands, four ₹500 crore brands and 15 brands in the ₹100-500 crore range.
How investors may read it
This is a court approval milestone for a previously announced transaction, moving the amalgamation closer to becoming effective once statutory updates are completed.
Also from Dabur India
Brokerages Nomura and Goldman Sachs issued positive notes on Dabur after its Q2 update showing sustained double-digit growth
7 Oct 2026
Dabur expects decent Q2 with double digit consolidated revenue growth but margins impacted by inflation
6 Oct 2026
Dabur shares gained after its Q2 business update showed robust revenue growth but margin pressure from inflation
6 Oct 2026
More numbers
- CRPS of Sesa Care initially acquired by Dabur51%
- Legacy years cited142 years
- Brands above Rs 1,000 crorefour ₹1,000 crore-plus brands
- Brands in Rs 100-500 crore range15 brands
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