JHS Svendgaard Laboratories Limited (JSLL) is a listed company and is engaged in the business of manufacturing and selling of Toothbrushes, Toothpastes, Mouthwash, Denture Tablets, and other allied oral care product. Apart from working on its own brands the company also offers contract manufacturing partnership to brands in the domestic and international market.

JHS Svendgaard Retail Ventures Private Limited (JSRVPL) is engaged in the retail business of selling the complete range of Patanjali branded products at major airports in India. 99.82% equity shares hold by JSLL and balance shares are held by the promoters of JSLL directly. Shares acquired in April 2018. The company is currently operating four retail outlets at IGIA, Delhi and Raipur, Chhattisgarh.

JHS Svendgaard Brands Limited (JSBL) is engaged in the business of selling toothbrushes, toothpaste, mouthwash, and other oral care products under “Aquawhite” brand name. 42.68% equity shares hold by JSLL (JHS Svendgaard Laboratories Limited), Promoters of JSLL (JHS Svendgaard Laboratories Limited) holds 9.23% and the remaining stake is held by others.

The Transaction

JHS Svendgaard Brands Limited (JSBL) is engaged in the business of selling toothbrushes, toothpaste, mouthwash, and other oral care products under “Aquawhite” brand name. 42.68% equity shares hold by JSLL (JHS Svendgaard Laboratories Limited), Promoters of JSLL (JHS Svendgaard Laboratories Limited) holds 9.23% and the remaining stake is held by others.

Steps:

  1. First Demerger of ‘Retail Investment Division’ of JSLL (JHS Svendgaard Laboratories Limited) into JSRVPL (JHS Svendgaard Retail Ventures Private Limited) followed by.
  2. Merger of JSBL with JSLL.

Appointed Date for the transaction is 1st April 2020

Retail Investment Division means investment by JSLL in the equity shares of JSRVPL (JHS Svendgaard Retail Ventures Private Limited).

Rational for the Scheme:

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