Further to letter dated July 13, 2022 regarding decision by Dabur International and Dabur (UK), (both wholly owned subsidiaries of Dabur India), to purchase 84,79,187 equity shares & 1,000 equity shares, respectively, of Asian Consumer Care (subsidiary company of Dabur India in Bangladesh) from the JV partner - Advanced Chemical Industries, Dabur India has informed that the JVA Termination and Share Purchase Agreement were executed by the aforesaid Parties and the share transfer process has been completed on November 24, 2022. Consequent to above, the entire shareholding of Asian Consumer Care (Bangladesh) is now held by Dabur International - 99.997%, and Dabur (UK) - 0.003%, (both wholly owned subsidiaries of Dabur India), and Asian Consumer Care (Bangladesh) has become step down wholly owned subsidiary company of Dabur India with effective from November 24, 2022.
The above information is a part of company’s filings submitted to BSE.