Dabur India introduced that pursuant to Share Purchase Agreement (“SPA”) and Shareholders Agreement (“SHA”) performed by Dabur India with the prevailing Promoters and Shareholders of Badshah, Dabur has acquired 51% equity shareholding of Badshah from its shareholders upon fulfillment of phrases and conditions as consistent with SPA and SHA and the stated transaction has been completed on January 02, 2023.
Consequent to the above transaction, Badshah Masala Pvt Ltd has turn out to be a subsidiary of Dabur India Ltd w.E.F. January 02, 2023.
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