Dodla Dairy Approves Financial Results and Joint Venture
Dodla Dairy Limited's Board of Directors convened 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 received unmodified Limited Review Reports from S.R.Batliboi & Associates LLP on these results. Additionally, the Board approved a proposal to establish a Joint Venture (JV) in India with Meadow India Holdings Limited. Dodla Dairy will hold a 40% equity stake, while Meadow India Holdings Limited will hold 60%. The JV aims to market and sell high-quality dairy ingredients to the B2B market in India. This venture is subject to JV agreement execution, completion of formalities, and regulatory approvals.
Key Highlights
- Approved unaudited financial results for Q2 and H1 FY27.
- Received unmodified limited review reports from auditors.
- Approved formation of a Joint Venture in India.
- JV will focus on B2B dairy ingredients marketing and sales.
- Dodla Dairy to hold 40% stake in the new JV entity.
Price Impact
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