Britannia Industries has invested a sum of Rs 87,50,000 towards acquisition of 8,75,000 Equity Shares of Rs 10 each, equivalent to 6.04% stake in the Equity Share Capital of Suryaurja One.
The acquisition would enable the Company to procure renewable energy for its factory located at Bidadi, Karnataka and comply with the regulatory requirements for being a captive user under the Electricity laws.
Britannia Industries is among the most trusted food brands, and manufactures India’s favorite brands like Good Day, Tiger, NutriChoice, Milk Bikis and Marie Gold which are household names in India.
