Haldiram to take over Kwality Dairy Company

Haldiram to take over Kwality Dairy Company

   Haldiram is biggest brand in terms of sweets and namkeens

Every household is gifted with sweets haldiram sweets specially in Indian festivals

In the evening people use for use and eat snacks along with tea

But it is possible within few days you will get haldiram milk at your doorstep

Haldiram is planning to purchase  kwality dairy

Loss making company kwality dairy is ub for the sell haldiram is interested in purchasing kwality dairy

haldiram has competition with j k foods TGP capital India resurgence fund for the purchase of kwality dairy

Kwality dairy is very repeated brand in India

kwality dairy ice cream is very popular before few years in India

Kwality dairy has sold his ice cream business 2 Hindustan Unilever company

Quality was working as business-to-business supplier

Kwality Walls faced with 1500 crore of of loss s in December quarter

1 December quarter distance of the kwality dairy has decreased significantly

Because of too much of loan and increasing transactions quality e dairy is already in problems 

Self is decreasing and and soon cannot be repayed

College diaries ranking also hampered due to financial problems KKR has invested 520 crores INR in quality dairy

KKR has put forth appeal to declare kwality dairy as a bankrupt company in nclt

This appeal was put forth under bankruptcy code

Under bankruptcy TOI expression of interest is requested

To submit EOI last day watch 31st March

Resolution plan has to be given by 15th May

Financial creditors has shade 2000 hundred crores of of loan is pending

Kwality dairy started in 1992

Kwality dairy has everyday 30 lacs ltrs milk processing capacity

Kwality Walls has 6 manufacturing plant in uttar Pradesh Rajasthan haryana

India is world's largest biggest producer of milk

After few years India's production will become double 100 crores per litre pade

In India in dairy sector there are big companies like amul mother dairy

If haldiram purchase the kwality dairy it will be a great thing for all of us and haldiram will get opportunity to increase IT sales in dairy segment