India: Dinshaw’s Dairy plans to raise $100 million from PE funds

India: Dinshaw’s Dairy plans to raise $100 million from PE funds

Company plans to dilute about 25-30% equity and is in the process of appointing an investment banker. Visual from Dinshaw’s Dairy website.

Dinshaw’s Dairy Foods Ltd, a leading milk and dairy products manufacturer with a pan-India presence, plans to raise $100-120 million in private equity capital, said two persons familiar with the development.

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