Kwality is planning to raise funds upto Rs 300 crore by way of term loan and issue of Non-Convertible Debentures (NCDs). The meeting of the Board of Directors of the Company will be held on June 24, 2016, inter alia, to raise funds.
Kwality is India’s premier dairy foods company and has built leadership positions in branded and value added markets across the dairy sector. The product range includes milk (bulk pouched and tetra pack), pure ghee, pure cow ghee etc.