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Kwality to raise Rs 300 crore through NCDs

22 Jun 2016 Evaluate

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.

Peers
Company Name CMP
Nestle India 1364.90
Varun Beverages 434.65
Britannia Industries 4939.00
LT Foods 422.25
Hatsun Agro Product 1163.20
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