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