date:Sep 24, 2012
Rabo PE and Abraaj Capital is investing R100 Cr for a small stake in Prabhat Diary. The funds will be used for expansion and to meet other corporate expenses.
Crawford Bayley is advising Prabhat Diary while J Sagar Associate and Amarchand Mangaldas is advising Abraaj Capital and Rabo PE respectively.
Incorporated in 1998 and promoted by Sarang R Nirmal and family, Prabhat Diary is engaged in procuring, processing and distributing milk and milk products majorly in Western Maharashtra. The compa