Feb 16, 2021 10:55 AM IST
- Nov 09, 2020 08:48 PM IST
"The direction of the WTM to deposit a sum of Rs 1,292.46 crore is wholly arbitrary and has been passed without any application of mind," the tribunal said.
- Oct 27, 2020 10:03 AM IST
SEBI has passed an order on October 21, 2020, against the company asking it to deposit Rs 1,292.46 crore in an escrow account in a nationalized bank within seven working days
- Oct 21, 2020 10:21 AM IST
In July, Sebi appointed Grant Thornton Bharat LLP as the forensic auditor to ascertain facts and circumstances of the company's statements for the financial years ending March 31, 2019 and March 31, 2020.
- Oct 20, 2020 10:22 PM IST
The auditor was appointed to ascertain manipulation of books of accounts of the firm, misrepresentation of financials or business operations by the company, wrongful diversion of funds by promoters, directors or key managerial persons and business transfer and share purchase agreements.
- Aug 07, 2020 11:23 AM IST
Prabhat Dairy had sold its fresh milk business to Lactalis in April 2019. In December 2019, it had applied for de-listing from stock exchanges.
- Dec 09, 2019 10:33 AM IST
For shareholders, demergers have generally been positive due to value unlocking. Markets have reacted positively to such events
- Sep 17, 2019 09:27 AM IST
Whatever happened to the money that was garnered by the sale of the company’s dairy business?
- Sep 16, 2019 01:01 PM IST
Promoters currently hold 50.10 percent stake in the company, of which 59.88 percent is pledged with the lenders.
- Sep 06, 2019 10:04 AM IST
The stock has gained over 35 percent in the last three days, and this announcement came in as a topping on the cake resulting in the stock rocketing 20 percent.
- May 06, 2019 08:47 AM IST
- Apr 12, 2019 09:48 AM IST
At 0939 hrs, Prabhat Dairy was quoting Rs 82.05, up 4.99 percent on the BSE.
- Mar 18, 2019 02:30 PM IST
As per the company's filing to exchange, promoters already pledged more than 2.02 crore equity shares (representing 20.77 percent of paid-up equity).
- Feb 22, 2019 12:42 PM IST
Prabhat Dairy jumped close to 3 percent intraday on Friday after the Board at its meeting held on February 13, 2019 considered and approved the Scheme of the Amalgamation and Arrangement.
- Feb 14, 2019 10:50 AM IST
- Jan 22, 2019 05:41 PM IST
The current transaction is routed through a subsidiary, so all proceeds (post capital gains tax) would come to the company and it remains to be seen whether it will be shared with shareholders.
- Jan 22, 2019 08:15 AM IST
The company has entered into definitive agreements with Tirumala Milk Products, a wholly-owned subsidiary of Lactalis, for the Rs 1,700-crore sale, said the statement.
- Jan 10, 2019 03:18 PM IST
- Jan 08, 2019 03:40 PM IST
The city-based company already supplies cattle feed under the brand Annapurna to diary farmers.
- Dec 03, 2018 10:59 AM IST
After the initial sharp cut, Prabhat Dairy managed to recover from day's low of Rs 77, the lowest level since February 2016.
- Nov 14, 2018 04:15 PM IST
- Nov 01, 2018 01:51 PM IST
The company is looking to expand the franchisee outlets of Prabhat Goodness Zones in Tier II and III towns of Maharashtra
- Oct 15, 2018 05:42 PM IST
Net Sales are expected to increase by 10.4 percent Y-o-Y (up 4.2 percent Q-o-Q) to Rs. 425.7 crore, according to ICICI Direct.
- Aug 14, 2018 07:05 PM IST
Consolidated revenue also rose 7 percent to Rs 386 crore during April-June quarter of the ongoing financial year.
- Jul 22, 2018 06:06 PM IST
Net Sales are expected to increase by 8.5 percent Y-o-Y (down 3.6 percent Q-o-Q) to Rs. 390.2 crore, according to KR Choksey.