DFM Foods agrees to make investment in Belenus Solar

DFM Foods has agreed to make an investment in Belenus Solar (BSPL) by acquiring and/or subscribing equity shares amounting to Rs 96 lakh (5.57% of total paid-up capital of BSPL). BSPL own, operate and maintain a solar power plant for captive consumption at Village: Biswan, Sitapur in the state of Uttar Pradesh.

The investment is made by the Company to get renewable energy which will benefit to the Company from cost saving perspective.

DFM Foods is engaged in the business of manufacturing, selling and marketing of packaged snack foods and has been a leader in the space for over 25 years.