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.
| Company Name | CMP |
|---|---|
| Hindustan Unilever | 2287.90 |
| Godrej Consumer Prod | 1042.50 |
| Dabur India | 487.60 |
| Colgate Palmol. (I) | 2196.75 |
| P&G Hygiene | 9930.50 |
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