The New Delhi Bench of the National Company Law Tribunal (NCLT) has approved the proposed merger of Sesa Care with Dabur India.
The order was issued following a hearing on September 24, 2026. The merger will become effective after the completion of the required statutory filings and other conditions specified under the scheme.
The transaction was first announced in October 2024 and is aimed at integrating Sesa Care, an Ayurvedic hair care brand, into Dabur India's existing hair care portfolio.
Commenting on the development, Dabur India global chief executive officer Mohit Malhotra said the NCLT approval marks an important milestone in the company's integration of Sesa Care. He added that the brand's Ayurvedic positioning complements Dabur's existing hair care portfolio and presents an opportunity to expand its scale.
Dabur India executive director and group head of Corporate Strategy Abhinav Dhall said the integration is aligned with the company's strategy of strengthening its portfolio and exploring new growth opportunities. He added that Dabur plans to leverage its distribution network, category expertise and international presence to expand Sesa Care's reach and unlock revenue and cost synergies.
As part of the transaction announced in October 2024, Dabur India had initially acquired 51% of Sesa Care's paid-up Cumulative Redeemable Preference Shares (CRPS) from existing shareholder True North.
The scheme had earlier received approval from Dabur India's equity shareholders and unsecured creditors at meetings convened under NCLT directions on May 2, 2026. It subsequently received approvals from the relevant regulatory authorities.
The merger will take effect once the required statutory filings are completed and other conditions under the scheme are fulfilled.
