DFM Foods Limited (BSE:519588) agreed to acquire 5.57% stake in Belenus Solar Private Limited for INR 9.6 million on May 10, 2021. The consideration will be paid in cash. Shares will be acquired within 3 months upon signing of Power Purchase Agreement and Shareholders Agreement. The transaction is not subject to any regulatory or government approval.

DFM Foods Limited (BSE:519588) completed the acquisition of a 5.57% stake in Belenus Solar Private Limited for INR 9.6 million on March 31, 2022.