Check monitoring of environmental norms by dairies : NGT directs CPCB
The National Green Tribunal Thursday directed the Central Pollution Control Board (CPCB) ;to issue guidelines within a month for checking pollution and monitoring of environmental norms by dairies throughout the country. A bench headed by NGT Chairperson Justice Adarsh Kumar Goel said that ; at least the minimum distance of dairies and gaushalas from habitations…
Dodla dairy’s IPO oversubscribed by 45.62 times on day 3
The public issue of Dodla Dairy has seen a subscription of 45.62 times as the offer received bids for 38.80 crore equity shares against IPO size of 85.07 lakh equity shares on June 18, the final day of bidding. The qualified institutional buyers have put in bids for 84.88 times of their reserved portion and that of non-institutional…
Low milk prices forces dairy farmers in Maharashtra to dump milk on roads
Dairy farmers in Maharashtra started protesting over the low prices of milk on Thursday morning. The protest, organised by the All India Kisan Sabha-the farmer’s outfit of the Communist party. The protest saw farmers emptying their milk cartoons on the road at various places in Aurangabad and Ahmednagar. Since the start of the lockdown in…
Date for submitting EOI under PLI to MOFPI extended to June 24th
This has reference tp the Expression of Interest(EOI) notice dated May 2,2021; to apply under the Production linked incentive scheme by Ministry of Food Processing. The last date to submit the EOI was June 17th by 5 PM. The ministry took the cognisance of the pandemic situation and request made by various applicants to extend…
Prepare schemes to boost dairy & livestock production: CM Assam
Chief Minister Himanta Biswa Sarma on Tuesday held a meeting with Animal-Husbandry and Veterinary Department; at his conference hall and reviewed the implementation of various schemes. He asked the department to propose three new schemes by July 7 ;to augment milk production and achieve self-reliance in pork and poultry production in order to stop imports….
Milk coop societies stop buying milk from farmers afflicted by Covid
Farmers in the district complain that many milk producers’ co operative societies are stopping buying milk from the households where there are Covid-19 positive cases for the past 14 days. Thousands of poor and marginal farmers are into dairy farming for a livelihood and the decision of milk cooperative societies is causing them a lot…
Dodla Dairy IPO: 10 things to know before subscribing public issue
The initial public offering of Dodla Dairy is going open for subscription on Wednesday. This would be the third company to launch an IPO this week, after Sona Comstar and Shyam Metalics. The equity shares issued by the company will be listed on both BSE and the National Stock Exchange. ICICI Securities and Axis Capital are the book running lead…
Dodla Dairy IPO to open on June 16, price band fixed at Rs 421-428
Dodla Dairy will launch its initial public offering (IPO) on June 16. The issue will close on June 18. The company, in consultation with the merchant bankers, has fixed the issue price band at Rs 421-428 per share. The Hyderabad-based Dodla Dairy is the third main-board company to launch IPO in the coming week after Shyam-Metalics and Sona-Comstar. The public-offer comprises…
Bootstrapped dairy startup Sid’s Farm plans to raise Rs 25 crores capital
Hyderabad-based-bootstrapped dairy company Sid’s Farm plans to raise capital of up to Rs 25 crore in the next 4-6 months; This fund will support its new product development and expand to other cities in India. The company will invest in setting up a new facility to enhance capacity and adding more products to its portfolio;…
R S Sodhi MD GCMMF gets Asia Pacific Productivity Champion award
The Managing Director of Gujarat Cooperative Milk Marketing Federation (Amul), R.S. Sodhi, was conferred with the regional award as Asia Pacific Productivity Champion . It is given by Asian Productivity Organization (APO), Tokyo, Japan in recognition of enhanced productivity and efficient milk supply chain. Sodhi is the first Indian to have received the prestigious award,…