FMCG major Dabur India is acquiring a 51% stake in Badshah Masala for Rs 587.52 crore.

The acquisition is to happen by -

(a) purchase of 51% share capital from existing shareholders (deal amount valued at ₹587.52 crore); and

(b) purchase of remaining 49% stake based on timelines agreed by parties.

Talwar Thakore & Associates acted for Dabur.

The team was led by Gautam Saha (Senior Partner) and Swati Chauhan (Partner). They were assisted by Akshita Alok (Managing Associate) and Aditi Somani and Shambhavi Singh (Associate).

This acquisition is consistent with its strategic intent to expand its food business to ₹500 crore in 3 years and expand to new adjacent segments. This also marks Dabur's entry into the branded spices and seasoning market in India, valued at over ₹25,000 crore.

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