NCLT Approves Merger of Sesa Care with Dabur India

The National Company Law Tribunal (NCLT), New Delhi Bench, has sanctioned the Scheme of Amalgamation of Sesa Care Private Limited with Dabur India Limited, in a hearing held on September 24, 2026. The approval marks a key milestone in the transaction first announced in October 2024, paving the way for the merger’s integration, subject to completion of statutory filings and other formalities.

As part of the transaction, Dabur India had initially acquired 51% of Sesa Care’s paid-up Cumulative Redeemable Preference Shares from existing shareholder True North. The Scheme received approval from Dabur India’s equity shareholders and unsecured creditors at meetings held on May 2, 2026, followed by regulatory approvals. The merger will become effective upon completion of remaining statutory filings and conditions under the Scheme.

Sesa Care is an established brand in the Ayurvedic hair care market. The merger is expected to strengthen Dabur’s presence in the hair care category, complementing its existing portfolio, while giving Sesa Care access to Dabur’s distribution network and international market reach.

“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,” said Mohit Malhotra, Global CEO, Dabur India.