Board Meeting28 Oct 2026, 10:22 pm
Dodla Dairy Approves Financial Results and Joint Venture
AI Summary
Dodla Dairy Limited's Board of Directors met on October 28, 2026, approving the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The company also approved a Joint Venture with Meadow India Holdings Limited (MIHL) to market and sell dairy ingredients in India. Dodla Dairy will hold a 40% stake, while MIHL will hold 60%. This JV is subject to agreement execution and regulatory approvals. The limited review reports from S.R. Batliboi & Associates LLP were also noted.
Key Highlights
- Board approved Q2 and H1 FY27 unaudited financial results.
- Unaudited results received unmodified limited review reports.
- Approved a Joint Venture with Meadow India Holdings Limited.
- JV will focus on marketing dairy ingredients in India.
- Dodla Dairy to hold 40% equity in the new JV entity.
Price Impact
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