Gopal Snacks' founder buys brother's stake in company

Bipin Hadvani, founder of Gujarat’s Gopal Snacks Pvt. Ltd, has raised debt from a JM Financial entity to buy out his younger brother Praful’s 30% stake in the company, two people familiar with the transaction said. Bipin Hadvani raised about ₹490 crore (about $60 million) in debt from JM Financial Products ......