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Britannia Industries’ arm acquires stake in Kenafric Biscuits

04 Oct 2022 Evaluate

Britannia Industries’ wholly owned subsidiary -- Britannia and Associates (Dubai) (BADCO), has acquired control of Kenafric Biscuits (KBL), a private limited liability Company incorporated in Nairobi, Kenya by subscribing to 51% of the Equity Share Capital of the Company.

Post the acquisition, KBL has become a subsidiary wherein 51% of the equity share capital is held by Britannia and Associates (dubai) private company (BADCO) and 49% of the holding is held by kenafric group, kenya. The object of the acquisition is manufacture and sale of Biscuits in Kenya and African markets.

Britannia Industries is one of the India’s biggest brands of the country. More-than-a-century old Britannia has launched big brands in FMCG segment.

Britannia Inds Share Price

5733.75 144.25 (2.58%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Varun Beverages 474.05
Nestle 1285.65
Britannia Inds 5733.75
LT Foods 422.10
Hatsun Agro Product 979.20
View more..

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