Entities of Burman family -- Gyan Enterprises and Chowdry Associates have sold shares amounting to about 1 per cent stake in Dabur through a block deal which was completed on December 20, 2022. The purpose of doing this transaction is to raise funds for financing some ventures in the private hands of the Burman family.
For the quarter ended September 2022, the promoter and promoter group owned 67.24 per cent stake in Dabur India, while the rest 32.76 per cent was with public investors.
Dabur India is one of the largest FMCG Company in India.