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Dabur India Board Approves Amalgamation Of Sesa Care Into Company

  • Dabur India's board of directors approved the amalgamation of Sesa Care Pvt. into the firm, with no cash consideration involved in the scheme.
  • The strategic move aims to leverage Sesa's leading position in the ayurvedic hair oil category to enhance Dabur's profile in the hair care segment.
  • The integration is expected to bring synergies between the businesses, optimize costs, improve efficiency, and utilize combined resources for growth.
  • Dabur India's stock closed lower post the announcement, with analysts having mixed recommendations on the company's performance.

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