Jyothy Laboratories Ltd has acquired a total of 14,035,431 equity shares, being 12.05 per cent of the equity share capital of Henkel India Ltd through the open offer.
Pursuant to completion of payment to tendering shareholders, these equity shares have been transferred to Jyothy Labs.
Further, 59,360,203 equity shares of HIL, forming 50.97 per cent of its equity share capital, which were acquired from Henkel AG & Co. KGaA in May, have also been released from an escrow account into JLL's account.
As on date, the shareholding of JLL in the equity shares of HIL stands at 83.65 per cent.