Bajaj Consumer Care Limited has announced the successful completion of its acquisition of Vishal Personal Care Private Limited, marking a significant step in the company’s strategic growth initiatives in the personal care sector.
This acquisition was executed in two tranches under a Share Purchase cum Shareholders Agreement (SPSHA) signed on February 14, 2025, between Bajaj Consumer Care, Peepul Capital Fund III LLC, Vishal Personal Care Pvt. Ltd., and other parties.
- The first tranche, involving the acquisition of 49% equity, was completed on March 10, 2025, and was duly intimated to stock exchanges on the same day.
- The second and final tranche, consisting of the remaining 51% equity, has now been completed on May 19, 2025, for a total consideration of ₹61.18 crore (₹61,18,23,600).
With this transaction, Vishal Personal Care Private Limited becomes a wholly-owned subsidiary of Bajaj Consumer Care Limited.
This acquisition is expected to bolster Bajaj Consumer Care’s product portfolio and presence in the fast-growing personal care market. Vishal Personal Care, known for its specialized offerings and brand equity in specific product categories, complements Bajaj’s strategic objectives for diversification and market penetration.
Bajaj Consumer Care has been actively pursuing inorganic growth to strengthen its core personal care business and explore adjacencies that provide scale and synergies. The completion of this acquisition marks another milestone in the company’s expansion roadmap.