Jyothy Labs Exits Bangladesh: Board Approves Sale of Jyothy Kallol Stake

Jyothy Labs Ltd, maker of Ujala and Margo among other popular brands, has said it received board approval to sell its entire equity shareholding in Jyothy Kallol Bangladesh. The move is the company's exit from the Bangladeshi market, where it set up shop in 2013.

 

Points to note:

This move is in line with Jyothy Labs' recent strategy to focus on its core Indian market, where it has experienced robust growth in major segments such as fabric care and dishwashing. The stock of the company closed at ₹336.65 on March 25, 2025, and investors will be keenly observing how this action affects its financial performance in the next quarters.

 

The disposal of the Bangladesh subsidiary is likely to enable Jyothy Labs to redeploy resources towards consolidating its position in the competitive Indian FMCG market.

 

Sources: Company Regulatory Filing, Goodreturns, Financial Express, March 25, 2025