Dabur India Limited has provided an update regarding the proposed Scheme of Amalgamation between itself and Sesa Care Private Limited, along with its shareholders and creditors. The update confirms that the Hon’ble National Company Law Tribunal (NCLT) has approved the requisite meetings for creditors and members. Dabur is now proceeding with the process, calling for meetings to secure necessary approvals for the merger structure.
Corporate Update on Amalgamation
Dabur India Limited has issued a communication concerning the proposed Scheme of Amalgamation involving Sesa Care Private Limited, its shareholders, and its respective shareholders and creditors. This update follows previous intimations made on March 13, 2023, December 05, 2025, and May 26, 2025.
NCLT Approval and Next Steps
The company announced that the Hon’ble National Company Law Tribunal (NCLT) has issued an order dated March 12, 2026, approving the requisite meetings. The NCLT has directed the company to convene meetings of its unsecured creditors and its members (shareholders) to consider and approve the proposed Scheme of Amalgamation. These meetings are scheduled to proceed without modification or with such modifications as may be suggested by the respective bodies.
Details of the Creditors’ and Members’ Meetings
In accordance with the directions, the meeting of the unsecured creditors is scheduled to be held on Saturday, May 12, 2026, at 01:00 P.M. (IST). The meeting of the members is also scheduled for the same date, commencing at 02:00 P.M. (IST). Both meetings will be conducted virtually via video conferencing or other audio-visual means, as per the relevant regulations.
Detailed instructions regarding joining the meeting through VC/OAVM, casting votes (e-voting or physical voting), and obtaining requisite explanatory statements and annexures are provided for the convenience of all concerned parties, ensuring full compliance with procedural requirements.
Availability of Documentation
The company confirmed that the necessary explanatory statement and all accompanying documents pertaining to the amalgamation proposal are made available for inspection on the company’s official website, accessible via the provided link for creditors’ meeting notices.
Source: BSE
