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Kwality gets nod to raise up to Rs 1500 crore

11 Aug 2017 Evaluate

Kwality has received an approval for the raising of funds in India or in foreign markets by way of public or private offer including QIP for an amount not exceeding Rs 1500 crore. The Board of Directors of the company at their meeting held on August 11, 2017 has approved the same.

Kwality is amongst largest and fastest growing private dairy companies in India today with milk processing capacity of 3.4 Mn Litres /Day through its six state?of?the?art plants strategically located close to key north markets.

Peers
Company Name CMP
Nestle India 1279.00
Varun Beverages 436.00
Britannia Industries 4790.00
LT Foods 420.10
Hatsun Agro Product 1070.35
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