Dabur India Limited (Dabur) announced that it has signed definitive transaction agreements to acquire 51% shareholding of Badshah Masala Private Limited (Badshah), which is engaged in the business of manufacturing, marketing and export of ground spices, blended spices and seasonings. This acquisition is in line with Dabur’s strategic intent to expand its Foods business to…
Tag: Mohit Malhotra
Godrej Properties appoints Gaurav Pandey as MD & CEO
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•Godrej Properties Limited announced the appointment of Gaurav Pandey as Managing Director and Chief Executive Officer of the company, with effect from January 1, 2023. He succeeds Mohit Malhotra, who will be resigning from the role of MD & CEO of the company. Gaurav Pandey is the CEO of the North Zone of Godrej Properties…
Godrej Properties announces investment in DB Realty
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•The Board of Godrej Properties Ltd. (GPL) announced it has approved a potential investment in DB Realty Limited (DBR) and also the setting up of a special purpose vehicle along with DBR to jointly undertake slum rehabilitation and MHADA redevelopment projects. GPL will subscribe to warrants convertible into Equity Shares aggregating to approximately 10% of…
Dabur to invest Rs550 cr in setting up new factory in Madhya Pradesh
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•India’s leading Ayurvedic Healthcare company Dabur India Ltd commenced construction of its largest, most modern and environment-friendly manufacturing facility in Madhya Pradesh. Being set up with a phased investment of around Rs 550 Crore, this new unit would manufacture a range of Dabur’s Food Products, Ayurvedic Medicines and Health Supplements. A ground-breaking ceremony was organised…