Dodla Dairy has received approval from board of directors for Rs 280 crore capex for setting up new plant & machinery and necessary infrastructure at Maharashtra, which includes previous approval of Rs 15 crore for land acquisition. The funding shall be through internal accruals/debt.
The Board of Directors of the Company at their meeting held on January 30, 2025 has approved the same.
Dodla Dairy is involved in procuring, processing and Marketing of Milk and Milk Products. It processes and sells milk including standardized, toned, and double toned milk, and produces dairy products like curd, butter, ghee, ice cream, flavoured milk, etc.