Stock Report

Britannia Industries arm acquires control of Kenafric Biscuits Ltd



Posted On : 2022-10-03 22:11:12( TIMEZONE : IST )

Britannia Industries arm acquires control of Kenafric Biscuits Ltd

Britannia and Associates (Dubai) Private Company Limited (BADCO), a wholly owned subsidiary of Britannia Industries Limited, has (i) acquired control of Kenafric Biscuits Limited ("KBL"), a private limited liability Company incorporated in Nairobi, Kenya by subscribing to 51% of the Equity Share Capital of the Company; and (ii) acquired 100% of the Equity Share Capital of Catalyst Britannia Brands Limited ("CBBL").

Source : Equity Bulls

Keywords

BritanniaandAssociatesDubai BritanniaIndustries KenafricBiscutis