Board Meeting28 Oct 2026, 09:51 pm
Dodla Dairy Approves Joint Venture and Q2 FY27 Results
AI Summary
Dodla Dairy Ltd announced the outcome of its Board Meeting held on October 28, 2026. The Board approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026, along with the unmodified Limited Review Reports from S.R. Batliboi & Associates LLP. Additionally, the company approved a proposal to establish a Joint Venture in India with Meadow India Holdings Limited (MIHL). Dodla Dairy will hold a 40% stake, and MIHL will hold 60%, focusing on marketing and selling dairy ingredients to the B2B market in India. This JV is subject to agreement execution and regulatory approvals.
Key Highlights
- Board approved unaudited financial results for Q2 FY27 and H1 FY27.
- Unaudited standalone and consolidated results were approved.
- Limited Review Reports from auditors were noted.
- Proposal to form a Joint Venture with Meadow India Holdings approved.
- JV will focus on B2B dairy ingredients marketing and sales in India.
Price Impact
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