High Courts approve Merger of Balsara Companies with Dabur India

Dabur India Ltd has announced that The High Court of Delhi & The High Court of Mumbai has approved the merger of the three Balsara companies with the Company.

The three Balsara group entities namely Balsara Hygiene Products Ltd, Balasara Home Products Ltd and Besta Cosmetics Ltd will be merged with the Company on the filing of the High Court order with the Registrar of Companies. The Order is expected around end September 06. This marks the completion of the formal process of merging the legal entities of Balsara Companies with the Company.

Source : Equity Bulls

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