Latest news with #OSAM
Business Standard
11-07-2025
- Business
- Business Standard
Board of Dodla Dairy approves acquisition of HR Food Processing
At meeting held on 11 July 2025 The Board of Dodla Dairy at their meeting held today i.e. 11 July 2025 had approved acquisition of 100% issued and paid-up share capital of HR Food Processing (OSAM) (Target Company) in compliance with the provisions of the Companies Act, 2013, SEBI Regulations and other Statutory requirements may be applicable. This strategic acquisition aligns with the Company's expansion strategy and will enhance its market reach in the eastern region of India. The total purchase consideration for the acquisition of 100% of issued and paid-up share capital is Rs. 271 crore. HR Food Processing incorporated under the provisions of the Companies Act, 1956 is a manufacturer involved in sale of milk and milk products. With its premium brand ' Osam' and its milk has created a robust dairy ecosystem in Bihar and Jharkhand.
Business Upturn
11-07-2025
- Business
- Business Upturn
Dodla Dairy acquires HR Food Processing (OSAM) for Rs 271 crore to expand Eastern India footprint
Dodla Dairy Ltd. has announced the acquisition of 100% equity in HR Food Processing Pvt. Ltd., popularly known for its dairy brand OSAM . This strategic move aligns with Dodla Dairy's growth plans, strengthening its presence in eastern India, especially in Bihar, Jharkhand, and West Bengal. HR Food Processing, incorporated in 2010, clocked a turnover of ₹282.6 crore in FY25. The acquisition, valued at ₹271 crore, will be executed through a cash transaction and will make OSAM a wholly owned subsidiary of Dodla Dairy. This move supports Dodla Dairy's strategy to tap into new regional markets with an already established brand. OSAM's strong network and consumer trust in the eastern region will complement Dodla Dairy's existing operations, driving growth and operational synergies. No regulatory approvals are required for the acquisition, and the deal is expected to close within 1–2 months, subject to conditions set in the Share Purchase Agreement. This strategic move is expected to boost growth and distribution capabilities for Dodla Dairy in India's growing dairy sector. In the meantime, Dodla Dairy shares traded between ₹1,388.00 and ₹1,423.90 today, after opening at ₹1,413.90. The stock stayed active throughout the session. Its 52-week high stands at ₹1,485.00, while the 52-week low is ₹965.50. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Bloomberg
20-03-2025
- Business
- Bloomberg
Bloomberg Masters in Business: Jim O'Shaughnessy
Barry speaks with Jim O'Shaughnessy, Founder and CEO of O'Shaughnessy Ventures LLC. Prior to founding O'Shaughnessy Ventures, Jim was the Founder and Chair of OSAM (O'Shaughnessy Asset Management) which was acquired by Franklin Templeton in 2021. He also served as Senior Managing Director and Executive Director of Systematic Equity for Bear Stearns. His book "What Works on Wall Street" was a New York Times bestseller. On this episode, Barry and Jim discuss his path through the world of business, the power of well-chosen words, and his new book "Two Thoughts: A Timeless Collection of Infinite Wisdom."
