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Milkfood Ltd Unlocks ₹130 Cr Value through Moradabad Asset Sale; Strengthens Balance Sheet and Accelerates Growth Plans
New Delhi [India], January 27: Milkfood Ltd., one of India's established dairy companies with a strong legacy in value-added dairy products, has informed the stock exchanges about the sale of its Moradabad plant located at Agwanpur, Uttar Pradesh undertaking for a consideration of ₹130 crore. The company has signed an Agreement to Sell with the buyer, marking a decisive step in its ongoing business reorganisation and balance-sheet strengthening strategy.
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