Subsidiary6 May 2026, 05:31 pm
Dabur to Incorporate US Step-Down Subsidiary
AI Summary
Dabur India Ltd announced that its step-down wholly owned subsidiary, Dabur International Limited, will incorporate a new step-down wholly owned subsidiary in the United States of America named "Trustline Brands Inc." or a similar name. The new entity will focus on sales and distribution of FMCG products in the USA, aligning with Dabur India's main line of business. The incorporation is expected by May 31, 2026, with an initial share capital of USD 10,000. This move aims to expand Dabur's presence in the US market.
Key Highlights
- Dabur International to incorporate a step-down subsidiary in the USA.
- The new entity, Trustline Brands Inc., will focus on FMCG sales and distribution.
- Incorporation is expected by May 31, 2026, with USD 10,000 share capital.
- The move aims to expand Dabur's business in the US market.