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CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

MTR Foods parent Orkla India gets SEBI nod for IPO

Orkla India Limited, the owner of MTR Foods, has secured SEBI's approval for its IPO, which involves a complete offer for sale of 22,843,004 equity shares by its Norwegian promoter group. The IPO is expected to raise between Rs 4,000-Rs 5,000 crore, as per earlier reports. Orkla India, based in Bengaluru, offers a diverse range of food products under the MTR brand.

from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/personal-care-pet-supplies-liquor/orkla-india-secures-sebi-approval-for-mtr-foods-ipo-set-to-raise-rs-5000-crore/123902530
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