Dabur India Limited has announced the reaffirmation of its credit ratings by ICRA Limited for its Non-Convertible Debentures Programme and bank facilities. The company informed the BSE and National Stock Exchange about this development under Regulations 30, 51(2) and 55 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Credit Rating Details

ICRA Limited has reaffirmed multiple ratings for Dabur India's financial instruments, maintaining the company's strong credit profile across all categories.

Banking Partner Distribution

The company's bank facilities are distributed across multiple leading financial institutions, reflecting diversified banking relationships and strong institutional confidence.

Fund Based Limits

Interchangeable Limits

The company also maintains interchangeable short-term credit facilities with select banking partners:

• ICICI Bank Limited: Rs. 100.00 crore
• YES Bank Limited: Rs. 50.00 crore
• RBL Bank Limited: Rs. 25.00 crore

Regulatory Compliance

The rating reaffirmation was communicated to stock exchanges through a formal intimation signed by Ashok Kumar Jain, Group Company Secretary and Chief Compliance Officer. The communication ensures compliance with SEBI's disclosure requirements for listed companies regarding material developments in credit ratings. The [ICRA]AAA rating indicates the highest degree of safety regarding timely servicing of financial obligations, while the stable outlook reflects ICRA's assessment of the company's consistent credit quality.

Dabur India Limited announced its strategic investment of Rs 60 crore to acquire a minority stake in RAS Beauty Private Limited, marking the first investment from its newly launched Dabur Ventures initiative.

Investment Details

The investment represents Dabur's entry into the luxury skincare segment through its venture capital platform. Dabur Ventures was launched with a capital allocation of Rs 500 crore, specifically designed to back progressive ventures in Personal Care, Health Care, Wellness Foods, Beverages, and Ayurveda.

About RAS Beauty

RAS Beauty Private Limited is a Raipur-based digital-first luxury skincare brand founded by three women entrepreneurs - Shubhika Jain, her sister Suramya Jain, and their mother Sangeeta Jain. The company operates as a "Farm-to-Face" luxury skincare brand with a strong presence in the natural beauty segment.

The brand's product portfolio includes:

• Face elixirs infused with essential oils
• Serums with nature-derived actives
• Moisturisers with natural ingredients

Strategic Rationale

Abhinav Dhali, Executive Director – Group Head Corporate Strategy at Dabur India Ltd, emphasized the strategic fit: "We are very impressed with the passion and commitment with which Shubhika Jain and her family have built RAS Beauty always keeping the consumer at the forefront. RAS offers a distinct skincare value proposition at the confluence of nature, science and luxury."

The investment aligns with Dabur's belief that the premium beauty segment will witness strong growth in the coming decade, positioning RAS Beauty to capture emerging opportunities in this space.

Future Plans

Shubhika Jain, co-founder and CEO of RAS Beauty Private Limited, outlined the company's growth strategy: "This investment will enable us to accelerate our omnichannel presence, deepen our R&D capabilities, and invest in brand and team building, all in pursuit of our longer-term goal of making RAS a leading name in Indian luxury skincare, at home and globally."

The partnership leverages Dabur's 141-year legacy in building purpose-led, trusted consumer brands while maintaining RAS Beauty's core values of combining nature, science, and consumer trust at scale.