Haldiram’s has sold a 6% stake to UAE-based Alpha Wave for Rs 5,600 crore, following a 9% stake sale to Temasek. The deals have valued the iconic snack brand at Rs 84,000 crore, setting the stage for an IPO within a year.
Haldiram’s has sold a 6% stake to UAE-based Alpha Wave for Rs 5,600 crore, following a 9% stake sale to Temasek. The deals have valued the iconic snack brand at Rs 84,000 crore, setting the stage for an IPO within a year.