Dodla Dairy Limited’s Board of Directors has approved the formation of a joint venture company in India to focus on marketing and selling high-quality dairy ingredients to the business-to-business (B2B) market. The company will hold a 40% equity stake, with Meadow India Holdings Limited holding the remaining 60%. This strategic move aims to expand Dodla Dairy’s market reach and diversify its product offerings within the dairy sector.
Dodla Dairy Establishes Joint Venture for B2B Dairy Ingredients
Dodla Dairy Limited announced today that its Board of Directors has given the green light for the establishment of a new joint venture company in India. This strategic initiative is designed to penetrate the business-to-business (B2B) market by focusing on the marketing and sale of high-quality dairy ingredients.
JV Structure and Objectives
The joint venture will see Dodla Dairy Limited hold an equity participation of 40%, with Meadow India Holdings Limited (MIHL) holding the majority stake of 60%. The primary objective of this collaboration is to tap into the growing demand for specialized dairy ingredients within India’s industrial and food manufacturing sectors. The venture is contingent upon the finalization of a Joint Venture Agreement and the securing of all necessary regulatory and statutory approvals.
Financial Results Review
In the same board meeting held on October 28, 2026, the directors also reviewed and approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The company noted the unmodified Limited Review Reports issued by its statutory auditors, M/s. S.R. Batliboi & Associates LLP, on these financial results.
Source: BSE
