9% Of Haldirams In Rs 8000 Cr

Haldiram Snacks Food Pvt. Ltd. has partnered with Singapore-based investment firm Temasek, which will acquire a minority stake from existing shareholders. The deal, valued at around Rs 8,000 crores for a 9% stake, positions Haldirams for further expansion in India and globally.

This transaction values Haldirams at approximately Rs 89,000 crores ($10 billion), making it one of the largest consumer sector deals in India. PwC Investment Banking served as the financial advisor, while Khaitan & Co provided legal support. The deal is subject to regulatory approvals and is expected to close soon.

Haldirams welcomed Temasek as a strategic partner to drive growth. Meanwhile, Alpha Wave Global is also in talks to acquire a 5-6% stake at the same valuation. This investment highlights India’s rising global influence in the consumer market.