MoneyWorks4Me

Godrej Consumer hikes stake in ‘DGH Phase Two Mauritius’ to 90%

09 Mar 2016 Evaluate

Godrej Consumer Products has acquired 39% additional equity stake in DGH Phase Two Mauritius, owning Style Industries, Kenya. The company through its subsidiary has increased its stake from 51% to 90%.

DGH Phase Two Mauritius is an Investment holding company incorporated on May 09, 2012 in Mauritius. The income in last three years for FY15 stands at $2.7 million; FY14 at $2.6 million and for FY13 stood at $ 0.9 million.

Godrej Consumer Products (GCPL) is an Indian consumer goods company based in Mumbai, India. GCPL’s products include soap, hair colourants, toiletries and liquid detergents.



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