Published: Mar 15, 2025, 06:00 IST | Updated: Mar 15, 2025, 06:00 IST
Haldiram’s, India’s leading ethnic snacks company,
Is set to sell an additional 5 percent stake for around 500 million dollars as part of its pre-IPO placement.
This comes after Singapore-based Temasek secured a 10 percent stake in the company for 1 billion dollars, valuing Haldiram’s at 10 billion dollars.
With multiple foreign buyers eyeing a stake in the company, the question is: is Haldiram’s shifting its base?