Dodla Dairy to Acquire HR Food Processing for Rs. 2,710 Million

Dodla Dairy Ltd., a leading integrated dairy company, has approved the acquisition of 100% issued and paid-up share capital of HR Food Processing Pvt Ltd. (Osam) for Rs. 2,710 million. The transaction represents an enterprise value of Rs. 2,472 million plus net cash of Rs. 238 million in the target company. Osam operates under the premium brand 'Osam' and has a strong presence in Bihar, Jharkhand, and other eastern dairy markets of India. The company operates a vertically integrated supply chain and has a procurement network with more than 25,000 dairy farmers. During FY25, Osam recorded revenues of Rs. 2,826 million with a 25% gross margin and 5% EBITDA margin. The acquisition is expected to be completed in one to two months and will enable Dodla to become a Pan-India dairy company.