India Ratings and Research (Ind-Ra) has taken the following rating actions on Indapur Dairy and Milk Products Limited’s (IDMPL) bank facilities: Details of Instruments Instrument Type Date of Issuance Coupon Rate Maturity Date Size of Issue (million) Rating Assigned along with Outlook/Watch Rating Action Term loan – – 31 March 2029 INR1,092.30 IND A/Positive Affirmed …
Dodla Dairy Ltd (BSE – 543306, NSE – DODLA, ISIN: INE021001019), one of India’s leading integrated dairy companies, has announced that it has completed the acquisition of a land parcel admeasuring 35.23 acres at Itkal Village, Dharashiv District, Maharashtra. The company has a strong procurement setup in the state and this land acquisition is a step …
Dodla Dairy Acquired Land in Maharashtra for Expansion Read More »
The Kaira District Cooperative Milk Producers Union Limited, popularly known as Amul Dairy, will be setting up new plants at Chittoor in Andhra Pradesh, Pune and Punjab. For this, Gujarat’s oldest milk co-operative will be investing Rs 1,000 crore over the next couple of years. In the last financial year, it invested Rs 1,000 crore in the expansion of its plants. …
Amul Dairy to set up plant in AP, Pune and Punjab Read More »
Mangaluru-based Hangyo Ice Creams has secured Rs 211 crore in funding from private equity firm Faering Capital. This new investment will be utilized to enhance production capabilities, speed up the development of new products, and strengthen the company’s market presence, particularly in southern India. This investment comes at a time when the ice cream sector is witnessing …
Hangyo Ice Creams Secures Rs 211 Crore from Faering Capital Read More »
Four years after becoming fully automatic and increasing its daily milk processing capacity to 2.5 lakh litres per day, which can be increased to 5 lakh litres, a new feature in the form of an automatic machine to prepare curd and lassi at a cost of Rs 123 crore would be set up at Verka …
Automatic Plant for curd and lassi worth Rs 123 cr at Verka Read More »
Union Cooperation Minister Amit Shah on Saturday said the Centre has set a target to have a co-operative bank and a milk producers’ union in each district of the country and also establish in the next five years multipurpose primary agriculture credit societies (PACS) in two lakh panchayats that have no cooperative institution. Addressing the ‘Sahkar se …
Plan to set up milk producers’ dairy union in every district of India: Amit Shah Read More »
