Mumbai, April 16 -- The new UK-based entity will be a step-down wholly owned subsidiary of Dabur International FZE and will operate in the FMCG sales and distribution sector. As of now, Dabur India does not have any legal entity in the United Kingdom. Therefore, the new entity is being incorporated to carry out the sales and distribution of FMCG products in the region.
The incorporation process is expected to be completed by 15 May 2025. The company will subscribe to the share capital of the new entity at par, amounting to GBP 10,000, divided into 100 shares of GBP 100 each, to be paid in cash.
Upon incorporation, the new entity will become a related party to Dabur India by virtue of its ownership structure. Dabur has clarified that, ap...
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