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Jyothy Lab acquires 3.29% additional stake in HIL

01 Jul 2011 Evaluate
FMCG player, Jyothy Laboratories (JLL) has acquired 3.29% of additional stake in Henkel India (HIL). This acquisition increased JLL’s total shareholding in the company to over 69%.

The company has acquired 38,34,953 equity shares of Rs 10 each of the target company (Henkel India), constituting 3.29% of the current paid-up share capital of the target company from the open market. The acquisition happened on June 29, 2011. Based on a price of Rs 40.70 per share, the 3.29% stake would be worth about Rs 15.6 crore. The maximum price paid for the acquisition was Rs 40.70 per equity share and the average price paid was Rs 40.68 per equity share.

Recently, Jyothy Laboratories has completed acquisition of 5.94 crore shares aggregating to 50.97% stake in Henkel India (HIL). Following the acquisition, the company’s stake in Henkel India increased to 65.88%.

Jyothy Laboratories is engaged in manufacturing and marketing of products in fabric care, mosquito repellent, surface cleaning, personal care and incense sticks.

Jyothy Labs Share Price

237.55 -23.85 (-9.12%)
11-May-2026 16:01 View Price Chart
Peers
Company Name CMP
Hindustan Unilever 2307.30
Godrej Consumer Prod 1010.00
Dabur India 473.35
Colgate Palmol. (I) 2141.65
P&G Hygiene 9900.00
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