Reliable Data Services544207New project launch
Subsidiary signs lease agreement for milk processing plant; project investment expected up to Rs. 600 Lakhs
Reliable Agri Projects Private Limited, a subsidiary of Reliable Data Services Ltd, has entered into a Lease Agreement with Shri Nandi Milk Processing LLP.
By ScoutQuest · · 1 min read
- Maximum Project Investment
- Rs. 600 Lakhs
- Project Scope
- milk processing, manufacturing and business operations of milk and milk products from the processing plant of Shri Nandi Milk Processing LLP
Deal at a glance
- Reliable Agri Projects Private Limited, a subsidiary of Reliable Data Services Limited, has entered into a Lease Agreement with Shri Nandi Milk Processing LLP.
- The arrangement relates to the business operations of milk processing and milk products.
What the subsidiary will do
- Reliable Agri Projects Private Limited will carry out milk processing activities, covering the processing, manufacturing and business operations of milk and milk products.
- These activities will be carried out from the processing plant of Shri Nandi Milk Processing LLP, in accordance with terms and conditions mutually agreed between the parties.
Money involved
- The Company expects that the maximum investment of the Project would be Rs. 600 Lakhs.
What the company says the arrangement is for
- Expanding the business operations of the Company's subsidiary.
- Diversifying its business activities.
- Exploring opportunities in the dairy and milk processing sector.
- The Company believes the arrangement will provide opportunities for business growth, operational synergies and long-term value creation for its shareholders.
How to read this
- This is a lease arrangement under which the subsidiary will run milk processing operations from another entity's plant. The Company presents it as a step into the dairy segment alongside its existing business.
- The figure stated is the expected maximum investment of the Project, as described by the Company. The eventual business outcome will depend on how the operations scale up.
Also from Reliable Data Services
Agreement signed to acquire 40% of Reliable Meditail; expected investment around Rs. 100 Lakhs
4 Nov 2026
Board meeting on 12 November 2026 to approve unaudited standalone and consolidated Q2 results
4 Nov 2026
More numbers
- Expected maximum investment of the ProjectRs. 600 Lakhs
Source: BSE · 4 Nov 2026
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