With a view to emerge as a leading manufacturer and garner substantial marketshare in the branded edible oil segment, the Emami Group has earmarked Rs 950 crore over the next two years for the purpose, even as it is looking at a national roll-out of its Healthy & Tasty oil brand.
The company is looking at investing around Rs 950 crore in Emami Biotech, the arm that looks after our edible oil business. The funds will be raised through a combination of internal accruals, equity and debt. Thirty per cent will be raised from equity. The company currently produces 1,600 tonnes per day (tpd) of edible oils such as palm, soya, mustard, blended and sunflower. It plans to expand its capacity to 3,000 tpd over the next two years,
| Company Name | CMP |
|---|---|
| Hindustan Unilever | 2241.10 |
| Godrej Consumer Prod | 1108.20 |
| Dabur India | 442.10 |
| Colgate Palmol. (I) | 2106.20 |
| P&G Hygiene | 10006.55 |
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