Kwality
Incorporated in 1992, Kwality has six milk processing units in Uttar Pradesh, Haryana, Uttrakhand and Rajasthan with a capacity of 3.2 million litres per day.
It sells milk and milk products under different brands, including Kwality and Dairy Best.
Its stock declined when global private equity firm KKR filed an insolvency plea against the dairy firm Kwality Ltd before the National Company Law Tribunal (NCLT). In 2016, Kwality Ltd had announced that it had raised Rs 300 crore from KKR India Financial Services to fund its expansion plans and enter into consumer segment.