"The shares will be listed on BSE SME Exchange," the company said in a statement.
The public issue, which will close on February 12, will be of 54.30 lakh equity shares with face value of Rs 10 each.
Shares are being offered at a price of Rs 45 per unit aggregating Rs 24,43,50,000, the company said.
Lead manager to the issue is Mark Corporate Advisors Pvt Ltd.
Tasty Dairy Specialities is currently involved in processing milk as well as bulk milk procurement.
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