Jyothy Labs Limited (BSE:532926) acquired Quiclo from Smartwash Solutions Private Limited for INR 7 million on September 19, 2024. A cash consideration of INR 7 million will be paid by Jyothy Labs Limited. As part of consideration, INR 7 million is paid towards common equity of Quiclo.
Jyothy Labs Limited (BSE:532926) completed the acquisition of Quiclo from Smartwash Solutions Private Limited on September 19, 2024.
Jyothy Labs Limited is a fast-moving consumer goods (FMCG) company. The Company is principally engaged in manufacturing and marketing of fabric care, dishwashing, personal care, and household insecticide products, and also provides laundry and dry-cleaning services. The Company's segments include Fabric Care, Dishwashing, Household Insecticides, Personal Care, and Others. The Fabric Care segment includes fabric whitener, fabric enhancer, detergent powder, detergent liquid and bar soap. The Dishwashing segment includes dish wash bar, gel, liquid, dish wash scrubber, dishwash steel scrubber and dishwash powder. The Household Insecticides segment includes mosquito repellent coils, liquids, and insect repellent sticks. The Personal Care segment includes body soap, Insecticides toothpaste, deodorants, talcum powder, after shave and hand wash. The Others segment includes laundry services, incense sticks, toilet cleaner and floor cleaner. Jyothy Kallol Bangladesh Limited is its subsidiary.
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