Dabur India to Incorporate US Step-Down Subsidiary

Dabur International to incorporate Trustline Brands Inc as a step-down wholly owned subsidiary in Delaware, USA.
New entity will engage in FMCG sales and distribution with USD 10,000 capital subscription at par value.
Transaction is a related party transaction with Dabur International but arms-length from promoter group.
Incorporation targeted for completion by May 31, 2026, subject to US regulatory approvals.