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Prabhat Dairy planning to merge wholly owned subsidiary

15 Apr 2019 Evaluate

Prabhat Dairy is planning to merge Cheese Land Agro (India), wholly owned subsidiary of the Company with itself. The Board of Directors of the Company at its meeting to be held on April 15, 2019 to consider the same.

Prabhat Dairy produces milk and milk products in India. It processes and offers skimmed milk powder, whole milk powder, sweetened condensed milk, concentrated milk, cow ghee, dairy whitener, and pasteurized milk in poly pouches.

Peers
Company Name CMP
Nestle India 1384.00
Varun Beverages 416.25
Britannia Industries 4970.00
LT Foods 437.85
Hatsun Agro Product 1222.80
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