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Nilgiri Dairy Farm News: Future Consumer sells Nilgiri Dairy Farm to AVA Cholayil Healthcare for Rs 67 crore, ET Retail

Nilgiri Dairy Farm News: Future Consumer Ltd has announced the sale of its dairy business, Nilgiri Dairy Farm, to AVA Cholayil Healthcare for Rs 67 crore. This move will help Future Consumer monetize its assets and address its debt issues. The sale includes the transfer of all operations related to the dairy business, including franchisee operations, retail trade operations, and the sourcing, processing, packaging, and marketing of dairy products, bakery products, FMCG, staples, and other produc...
Consumer Ltd Nilgiri Dairy Farm Future Consumer Nilgiri Dairy Farm News Future Consumer Nilgiri Dairy Farm

Future Consumer sells Nilgiri Dairy Farm to AVA Cholayil Healthcare for Rs 67 crore

Future Consumer Ltd has announced the sale of its dairy business, Nilgiri Dairy Farm, to AVA Cholayil Healthcare for Rs 67 crore. This move will help Future Consumer monetize its assets and address its debt issues. The sale includes the transfer of all operations related to the dairy business, including franchisee operations, retail trade operations, and the sourcing, processing, packaging, and marketing of dairy products, bakery products, FMCG, staples, and other products.
Shareholders Of The Company Consumer Ltd On Nilgiri Dairy Farm Pvt Ltd Consumer Ltd Debt Ridden Future Consumer Ltd Nilgiri Dairy Farm

SBI Distressed Loans: SBI seeks buyers for its Rs 96,000 crore distressed loans

State Bank of India (SBI) plans to sell over INR 960 billion ($12.9 billion) of distressed loans to asset reconstruction companies. The countrys largest bank prepared a list of 331 accounts, including loans to Future Group, Anil Ambani-promoted firms, Videocon Group and Jaypee Group, among others.
Tamil Nadu Madhya Pradesh Regen Powertech Mukesh Ambani Anil Ambani Videocon Telecommunications

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