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Dabur India Ltd. — M&A Activity 2021
Jan 29, 2021
59077_rns_2021-01-29_95878289-a803-4a89-b5be-ea585f18153c.pdf
M&A Activity
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| Sr. | Particulars | Details of InformationIndia it</. | |
| No. | |||
| (a). | Name of the Target Company, details in brief such as size, | Name: As may be approved by the | |
| turnover etc. | Ministry of Corporate Affairs. | ||
| Proposed Authorised Capital: | |||
| Rs.1,00,00,0007-(Rupees one | |||
| crore only) | |||
| (b). | Whether the acquisition would fall within Related Party | The wholly owned subsidiary | |
| Transaction(s) and whether the Promoter/Promotergroup/group companies have any interest in the entitybeing acquired? | company will become a relatedparty of the Company, uponincorporation. | ||
| If yes, nature of interest and details thereof and whetherthe same is done at "arms length" | Apart from what is mentionedabove, the promoters / promotergroup/ group Companies are not | ||
| interested in the transaction. | |||
| (c). | Industry to which the entity being acquired belongs | Consumer care products/ FMCG | |
| (d). | Objects and effects of acquisition (including but not | The proposed wholly owned | |
| limited to, disclosure of reasons for acquisition of targetcompany, if its business is outside the main line ofbusiness of the Company) | subsidiary Company to beincorporated shall engage in thebusiness of manufacturing, saleand export of consumer care | ||
| products. | |||
| (e). | Brief details of any governmental or regulatory approvals | Not applicable | |
| required for the acquisition | |||
| (f). I | Indicatives time period for completion of the registration | Not applicable | |
| (g). | Nature of consideration - whether cash consideration or | Subscription to the share capital of | |
| share swap and details of the same | target company in cash | ||
| (h). | Cost of acquisition or the price at which the shares are | At par value | |
| acquired | |||
| (i). | Percentage of shareholding/control acquired and /or | 100% | |
| number of shares acquired; | |||
| (j). | Brief background about the entity acquired in terms of | Not applicable since the Target | |
| products/line of business acquired, date of incorporation,history of last 3 years turnover, country in which the | Company is proposed to beincorporated | ||
| acquired entity has presence and any other significant | |||
| information (in brief); | |||
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