Business Companies 09 Aug 2017 Dabur Tunisie to be ...

Dabur Tunisie to be dissolved, liquidation under way

PTI | DECCAN CHRONICLE
Published Aug 9, 2017, 6:17 pm IST
Updated Aug 9, 2017, 6:27 pm IST
Dabur India's step-down subsidiary Dabur Tunisie is being wound down and the liquidation is in process.
 Dabur India's step-down subsidiary Dabur Tunisie is being wound down and the liquidation is in process.

New Delhi: FMCG player Dabur India's step-down subsidiary Dabur Tunisie is being wound down and the liquidation is in process, the company said on Wednesday.

Dabur Tunisie, however, did not disclose the reason. "Our step-down wholly-owned subsidiary Dabur Tunisie is being dissolved and the liquidation is in process," Dabur India said in a BSE filing. 

In 2016-17, Dabur Tunisie had a turnover of Rs 9.32 crore, 0.12 per cent of the consolidated turnover of Dabur India. Its net worth was Rs 1.02 crore as on March 31, 0.02 per cent of the consolidated net worth of Dabur India. 

The Dabur India stock closed 1.41 per cent down at Rs 310.35 on the BSE.

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