Honasa Consumer Gets NCLT Nod To Merge Fusion Cosmeceutics, Just4Kids

Honasa Consumer Ltd. on Wednesday said the National Company Law Tribunal's New Delhi bench has approved the merger of its wholly-owned subsidiaries—Fusion Cosmeceutics Pvt. Ltd. and Just4Kids Services Pvt. Ltd.—with the parent company.

The scheme of amalgamation had earlier received approval from the Chandigarh bench. The New Delhi bench's clearance was required as the registered offices of Fusion Cosmeceutics and Honasa Consumer fall under its jurisdiction, the company said in an exchange filing.