August 27, 2016 11:12 AM ET

Personal Products

Company Overview of Wipro Consumer Care and Lighting Ltd.

Company Overview

Wipro Consumer Care and Lighting Ltd. manufactures and markets fast moving consumer goods. The company offers soaps, talcum powder, hand wash products, face wash products, day creams, night creams, hand and body lotions, sun screen lotions, toners, shower gels, deodorants, baby soaps, diapers, nappies, feeding bottles and accessories, honey, sweeteners, perfumes and personal care products, perfumed talcum powders, body mists, roll-on deodorants, liquid hand soaps, body sprays, and men’s body care products and fragrances. It also offers shampoos, hair gels, facial cleansers, shaving foams, hair soaps, liquid detergents, skin care products, compact fluorescent lamps, incandescent bulbs, fluore...

C Block

Doddakannelli

Sarjapur Road

Bengaluru,  560035

India

Founded in 1947

Phone:

91 80 2844 0011

Fax:

91 80 2844 0057

Key Executives for Wipro Consumer Care and Lighting Ltd.

President
Age: 54
Senior Vice President
Age: 50
Regional Director for East Asia, Middle East and Africa
Compensation as of Fiscal Year 2016.

Wipro Consumer Care and Lighting Ltd. Key Developments

Wipro Seeks Acquisitions

Wipro Consumer Care and Lighting Ltd. is seeking acquisitions. Vineet Agrawal, Chief Executive Officer of Wipro Consumer Care said, "We are looking at acquisitions which can help us to grow in other countries and not only Malaysia. For us it is important to do better in other countries beyond the fact that we do well in Malaysia."

Ban Labs Unable To Find Buyers For Its Sesa Hair Oil Brand

Ban Labs (P) Ltd. have failed to find buyers willing to match their price expectations for Sesa Hair Oil Brand. Ban Labs is looking for around INR 12 billion, said two people familiar with the deal. They added that potential buyers remain reluctant to buy the brand at that price. The brand has been on the block for more than six months and Ban Labs has held discussions with Marico Limited (BSE:531642), Bajaj Corp Limited (BSE:533229) and Wipro Consumer Care and Lighting Ltd. Deloitte is advising Ban Labs on the sale of the brand.

HUL Is Reportedly In Talks To Buy Indulekha

Hindustan Unilever Limited (BSE:500696) (HUL) is in advanced discussions with Mosons Extractions Pvt. Ltd. to buy the Indulekha brand of hair care products, including an ayurvedic hair grooming oil and shampoo, for around INR 5 billion, according to two people close to the development. Several companies, including Wipro Consumer Care and Lighting Ltd. and L Capital Asia Advisors PLC, Louis Vuitton Malletier, S.A., dropped out of the race to acquire Indulekha citing valuation-related concerns, added the two people, who asked not to be identified. The owners of Mosons Extractions wanted INR 6 billion for the brand, one of the two added. If the negotiations are successful, HUL will buy all products under the Indulekha brand, including Bringha Ayurvedic Hair Oil, Bringha Selfie Bottle Hair Oil, Coconut Milk Shampoo, skin care oil, skin care cream and Acrot Natural Face Mask, the second person added. Anand Rathi Financial Services Limited is advising Mosons, the first person said. “We will conclude a deal with a potential investor after reaching a consensus on valuation of the brand,” said Afnas P., Chief Executive Officer of Mosons Extractions. He declined to share further details. A spokesperson for HUL declined to comment, reported Mint.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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