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TVS Capital acquires 7.57% stake in Prabhat Dairy

23 Sep 2015 Evaluate

TVS Capital Funds has acquired 7.57% stake in Prabhat Dairy for Rs 85 crore. The fund house has made the investment at an attractive valuation commensurate with the industry players which are expected to yield good returns on exit.

Prabhat Dairy is an integrated milk and dairy products company in India catering to institutional as well as retail customers. It produces fresh, dry, frozen, cultured and fermented dairy products, including pasteurized milk, flavoured milk, sweetened condensed milk, ultra-pasteurised or ultra-high temperature (UHT) milk, yoghurt, dairy whitener, clarified butter (ghee), milk powder, ingredients for baby foods, lassi and chaas.

Prabhat Dairy Share Price

99.75 0.00 (0.00%)
22-Apr-2021 18:01 View Price Chart
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