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Dabur India acquires majority stake in Excel Investments (FZE) in Sharjah

Capital Market 

Dabur India announced that its wholly owned subsidiary - Dabur International has acquired management control of a new company namely 'Excel Investments (FZE)' in Sharjah, UAE on 20 August, 2019.

Accordingly 'Excel Investments (FZE)' has become a step down wholly owned subsidiary company of Dabur India w.e.f. 20 August, 2019.

Further, Excel Investments (FZE) had acquired 99.99% shareholding stake of Dabur Pakistan and Asian Consumer Care Pakistan (both being step down subsidiaries of Dabur India) from Dabur International (wholly owned subsidiary of Dabur India).

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, August 22 2019. 19:22 IST
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