Badshah Masala Dabur: Dabur’s entry in the world of spices! Badshah got 51 percent shares –

Badshah Masala Dabur: Dabur is already a household name in the FMCG sector. This time this company also entered the business of spices. On Tuesday, the company informed that they are acquiring 51 percent stake in Badsha Mashala. This announcement was made by Dabur through a press statement. With this acquisition, Dabur also entered the world of spices. The company said that within the next 5 years they will take over the rest of the shares of Badsha Masala.

However, Dabur had earlier announced the purchase of shares in Badsha Mashala. It was then reported that the shares of Badsha Mashala will be bought for 587.52 crore rupees. This agreement has already been signed, according to the company’s notification. As a result of this agreement, the ownership of Badsha Masala was transferred to Dabur India.

Badsha Mashala manufactures and exports a variety of spices. Dabur India said the deal will facilitate its entry into the new food sector. Also, Dabur India has informed that they want to take their food business to 500 crore rupees within 3 years by acquiring Badsha Mashala.

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Dabur India Ltd. has a market cap of Rs 99,528 crore. Currently, Dabur is one of the most recognized names in the Fast Moving Consumer Goods (FMCG) business in the country. Badshah Masala Private Limited became a subsidiary of Dabur India Limited as a result of the company’s agreement with Badshah.

Dabur India Ltd.’s profit falls. of

Dabur India’s gross profit has fallen sharply. Dabur India’s profit fell in the second quarter of 2022-23 due in October. At the end of September i.e. in the July-September quarter, Dabur’s profit was Rs 490.86 crore. This profit was Rs 505.31 crore in the second quarter of 2021-22.

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