FMCG firm Bajaj Corp has formed a 100 per cent subsidiary Bajaj Corp International (FZE) for the skin and haircare products business.
“The company has incorporated a wholly-owned subsidiary Bajaj Corp International (FZE), a limited liability company, to take up trading in skin and haircare products,” Bajaj Corp said in a filing to BSE today.
It further said the subsidiary has been incorporated in the Sharjah Airport International Free Zone Authority, UAE.
Bajaj Corp has several products in the haircare segment such as Bajaj Almond Drops, Kailash Parbat and Brahmi Amla.