This strategic acquisition aligns with the Company's expansion strategy and will enhance its market reach in the eastern region of India.
The total purchase consideration for the acquisition of 100% of issued and paid-up share capital is Rs. 271 crore.
HR Food Processing incorporated under the provisions of the Companies Act, 1956 is a manufacturer involved in sale of milk and milk products. With its premium brand ' Osam' and its milk has created a robust dairy ecosystem in Bihar and Jharkhand.
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