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Dodla Dairy LimitedBoard Meeting, 11-07-2025: Outcome of Board Meeting

11-07-2025 | 11:26 am

Dodla Dairy has announced a board meeting on the approval to acquire 100% of HR Food Processing Pvt Ltd, known for its premium brand 'OSAM' with a strong foothold in Bihar, Jharkhand, and eastern India. The acquisition, valued at Rs. 271 Cr (enterprise value Rs. 247.2 Cr plus net cash Rs. 23.8 Cr), will make HR Food Processing a wholly owned subsidiary, boosting Dodla’s presence in key eastern dairy markets. The deal is expected to close within 1-2 months, paid fully in cash, aligning with Dodla’s expansion strategy in similar dairy businesses.

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