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The incorporation process is expected to be completed by 15 May 2025. The company will subscribe to the share capital of the new entity at par, amounting to GBP 10,000, divided into 100 shares of GBP 100 each, to be paid in cash.
Upon incorporation, the new entity will become a related party to Dabur India by virtue of its ownership structure. Dabur has clarified that, apart from the entities mentioned above, no promoter, promoter group, or group companies have any interest in the transaction.
The official announcement was made on 15 April 2025, after market hours.
Dabur India is among the top four FMCG companies in India. It has business interests in healthcare, personal care and food products. The company offers products in over 100 countries across the globe, covering health and personal care segments across the herbal and natural space.
The company’s consolidated net profit increased 1.6% to Rs 522.38 crore in Q3 FY25 as compared with Rs 514.22 crore in Q3 FY24. Net sales rose 3.1% YoY to Rs 3,355.25 crore in the quarter ended 31st December 2024.
The counter rose 0.54% to Rs 476.10 on the BSE.
Dabur International FZE, the step-down wholly owned subsidiary company of Dabur India has decided to incorporate new entity in UK, which will be step-down wholly owned subsidiary of Dabur International FZE. The new entity will undertake the business of sales and distribution of FMCG products.
Consequent to above, the newly incorporated entity will become step-down wholly owned subsidiary company of Dabur India.
During Q4, rural continues to be resilient and grew ahead of urban markets. In terms of channels, organised trade including Modern trade, E-commerce and Quick commerce maintained their growth momentum, while General trade continued to be under pressure. Overall, FMCG volume trends continued to be subdued during the quarter.
The company said that key international markets, including the MENA region, Egypt, and Bangladesh, are likely to post strong performance, leading to robust double-digit growth in constant currency terms for the International business.
In India, the Foods business comprising 'Hommade' and 'Badshah' continued to perform well and is expected to post double-digit growth.