Dabur appoints Narang on Balsara boards
New Delhi: Dabur India Ltd has said that it has appointed Group Director (Corporate Affairs), P.D. Narang, as its nominee on the boards of directors of the each of the three Balsara group of companies that it has acquired.

Dabur India had acquired 99.4 per cent stake in Balsara Hygiene Products, 100 per cent in Balsara Home Products and 97.9 per cent in Besta Cosmetics last month for Rs143 crore.

Dabur India has also sought shareholder approval for a possible buyout of the residual shareholding in Balsara Hygiene Products and Besta Cosmetics for up to Rs4 crore.

Along with these acquisitions, Dabur India now has twelve subsidiary companies.
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