The Central Bureau of Investigation (CBI) has registered a case against Kwality Limited, Kwality Limited, one of the country's most popular dairy product makers, and its directors for defrauding Bank of India and other banks of over Rs 1400 crore.
Lenders of Kwality Ltd have rejected the Rs 142 crore bid of Delhi-based Haldiram Snacks, which emerged as the sole bidder to acquire the debt-ridden dairy firm. After the rejection of its bid, Haldiram Snacks has revised its offer marginally and also approached the National Company Law Tribunal (NCLT), Delhi with a plea that its latest resolution plan should be considered by the lenders as the offer is higher than the liquidation value.
New Delhi: After the recent hike in milk prices by Amul, dairy firm Kwality Ltd will increase its milk prices by Rs.2 per litre across all variants in the Delhi-NCR region from Wednesday.Kwality Ltd, a
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