Vadilal Industries buying the brand from Vadilal Promoter entity for 676cr. Also non core assets being sold by Vadilal for 40cr. Market cap of the entire company at 1900cr. So brand being valued at 35% of the current market cap. Any idea how the deal will be funded by Vadilal Ind – could be way of raising funds from PE investors imo. In that case could see a big valuation rerating.
Disclosure: Owned and interested
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