Dabur India Ltd. Share Price

Dabur Gets NCLT Approval for Sesa Care Merger

Dabur Just Got Approval For A Major Brand Merger

Dabur gets NCLT approval for Sesa Care merger

Research Analyst: UJVIN NEVATIA (PROPRIETOR: NEVAT INVESTMENTS) | SEBI Registration No.: INH100009628 Dabur India Limited ( !DABUR ) has received NCLT approval to merge Sesa Care into its business. The transaction, first announced in October 2024, had an estimated enterprise value of ₹315–325 crore, including debt. What happened? The NCLT approved the merger on September 24, 2026. Dabur had initially acquired 51% of Sesa Care's cumulative redeemable preference shares. The merger will become effective after the remaining statutory formalities are completed. Why does it matter? Sesa Care adds a premium Ayurvedic hair-care brand to Dabur's existing portfolio. Dabur plans to use its distribution network, category expertise and international presence to expand the brand while pursuing revenue and cost synergies. My view The acquisition gives Dabur an established brand rather than requiring it to build one from scratch. However, the value of the merger will depend on how effectively Dabur expands Sesa's distribution and improves its profitability. The original deal included substantial debt, making integration costs and cash generation important measures of success. What I am watching next I would track completion of the merger, Sesa's distribution expansion, revenue growth and margin contribution. These will indicate whether the acquisition delivers measurable benefits to Dabur's hair-care business. No Recommendations Source: The Hindu Disclosure: I, my entity, associates or relatives don't have any holding, position or other material interest in Dabur India Limited.

Dabur: Premiumisation is changing the growth mix

GST 2.0: From Tax Reform to Consumption Recovery

Imagine a consumer walking into a showroom with a little more money left in the wallet after paying taxes. Multiply that behaviour across millions of consumers, and a tax reform can gradually become a demand story. According to Business Standard, net GST collections showed signs of recovery from January 2026 after remaining subdued during late 2025. GST 2.0 simplified the structure around 5% and 18% slabs, with a special 40% rate for selected goods. For investors, the educational takeaway is not simply “lower GST = higher stock prices.” The more useful framework is to track **tax savings → affordability → consumption → company volumes → revenue → margins**. Within the **Nifty 500 universe**, sectors that may potentially benefit from stronger consumption and improved affordability include consumer-facing businesses such as **Hindustan Unilever, ITC, Britannia Industries, Marico, Dabur India, Trent, Titan Company, Asian Paints, Berger Paints India, and Metro Brands**. The impact, however, will not be identical. Investors should examine GST exposure, pricing power, volume growth, rural demand, margins and competitive intensity before forming any investment view. GST reforms can influence affordability and demand, but investors should connect tax changes with volumes, margins, earnings and valuations. **Stocks in Focus:** Hindustan Unilever | ITC | Britannia Industries | Marico | Dabur India |

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