Henkel India will be merged with Jyothy Laboratories, which acquired majority stake in Henkel last year. In this regard, Henkel India has scheduled a board meeting on June 15, 2012 to consider the scheme of amalgamation.
Last year, Henkel India became a subsidiary of Jyothy Laboratories consequent to the selling of 50.87 percent stake in Henkal India held by Henkel AG & Co. of Germany.
The company along with its subsidiaries manufactures and markets a range of world class detergents, cleansers, cosmetics and hair care products. It operates in three strategic areas of competence - Home Care, Personal Care, and Adhesives, Sealants and Surface Treatment.
