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Hatsun Agro gets shareholders’ nod for raising funds up to Rs 500 crore

01 Sep 2017 Evaluate

Hatsun Agro Products has received shareholders’ approval for raising funds up to Rs 500 crore by issue of securities to Qualified Institutional Buyers (QIB) through Qualified Institutional Placement (QIP). The shareholders’ nod has been sought through postal ballot.

Hatsun Agro, India's largest private sector dairy, sells liquid milk under the brand name Arokya, ice creams under the brand Arun Icecreams, and a wide range of dairy products under the brand Hatsun.

Peers
Company Name CMP
Nestle India 1280.00
Varun Beverages 429.00
Britannia Industries 4893.70
LT Foods 419.75
Hatsun Agro Product 1148.65
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