Milky Mist Dairy Foods Ltd., based in Tamil Nadu, has received SEBI approval for its ₹2,035 crore IPO, comprising a fresh issue of ₹1,785 crore. Proceeds will expand its premium dairy operations, upgrade the Perundurai plant with ₹414.7 crore for new units, and repay ₹750 crore in debt. Focused on high-margin, value-added dairy products like paneer and cheese, Milky Mist continues its growth journey.
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