Dabur India: NCLT reserves order on Sesa Care amalgamation

Dabur India Limited has announced that the National Company Law Tribunal (NCLT), New Delhi Bench, has reserved its order for the second motion petition concerning the proposed Scheme of Amalgamation between Sesa Care Private Limited (Transferor Company) and Dabur India Limited (Transferee Company). The statutory authorities have also conveyed their no-objection to the scheme. Dabur India will notify stock exchanges upon receiving the formal order. This development follows previous intimations regarding the amalgamation process under the Companies Act, 2013.