
Hatsun to raise ₹700 cr. for expansion
The Hindu
Dairy product maker Hatsun Agro Product Ltd., plans to raise ₹700 crore through private placement of equity shares by way of qualified institutional placement for its expansion plans.On Wednesday, the
Dairy product maker Hatsun Agro Product Ltd., plans to raise ₹700 crore through private placement of equity shares by way of qualified institutional placement for its expansion plans. On Wednesday, the board also approved a proposal for increasing the company’s borrowing limit from ₹1,500 crore to ₹1,800 crore, it said in a regulatory filing. Hatsun is in the process of increasing the capacity of its milk and milk-products plant in Solapur by 50,000 litres per day to produce lassi and butter milk and this expansion is likely to be completed by end of September.More Related News

The U.S. President’s economic and tariff policies and measures to secure his country’s borders may seem justified in terms of promoting his nation’s interests but have wider ramifications not only for Americans themselves, but also for the rest of the world. His tariff proposals will result in supply chain disruptions, lead to market and currency volatility, disrupt capital and trade flows, contribute to inflation and cause a decline in world trade and economic growth, worsening the plight of the poor, especially in developing economies.