SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Jyothy Lab buys 1.76% more in Henkel India

05 Aug 2011 Evaluate

FMCG player Jyothy Laboratories (JLL) has acquired 1.76% more stake in Henkel India, increasing its total shareholding in the company to over 71.6%. Post the acquisition of 20.4 lakh shares, representing 1.76%, through an off market transaction, JLL has increased its stake in Henkel India (HIL) to 71.60% from 65.85%. The price paid for the acquisition was lower than the average price of Rs 40.68 per share that the company had paid other shareholders in its recently concluded open offer.

The company, which sells fabric wash brand 'Ujala', had earlier bought 14.9% stake in HIL from the Indian promoter Tamilnadu Petroproducts for around Rs 60 crore.Later, the firm bought out 51% stake of Germany-based Henkel AG & Co in HIL for Rs 118.7 crore. After becoming a majority shareholder, JLL had launched an open offer on June 24 for buying another 20% stake in HIL, at an estimated cost of Rs 96 crore.crackcrack

Jyothy Labs Share Price

219.35 -6.10 (-2.71%)
13-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindustan Unilever 2127.50
Godrej Consumer Prod 1059.55
Dabur India 424.75
Colgate Palmol. (I) 1915.65
P&G Hygiene 9821.25
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×