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

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. The Nagpur-based company plans to dilute about 25-30% equity, said the first person quoted above, adding that the company... Read more »