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Our Bureau

New Delhi , Nov. 2

LIQUOR major Radico Khaitan Ltd has appointed Rabo India Securities Ltd as an advisor for acquisitions and Kotak Mahindra Capital Co to advise it on selling shares.

Rabo India will advise the company on "suitable domestic and international acquisitions in liquor, beer industry and joint ventures," the company said.

The liquor maker has further appointed Kotak Mahindra to advise it on raising equity funds for funding its organic and inorganic expansion.

Mr Abhishek Khaitan, Managing Director, Radico Khaitan Ltd, had told Business Line that the company was looking at an inorganic growth strategy to boost volumes and was studying possible acquisitions both overseas and in India.

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