Desi Farms acquires stakes in SNA Milk and DFSU for ₹49.36 crore
Published on: July 7, 2026, 11:30 p.m. | Source: scanx.trade
Desi Farms India Limited has acquired a 73.66% stake in SNA Milk and Milk Products Limited and a 62.67% stake in DFSU Farmer Connect Private Limited through a share swap. The acquisition, approved by the Board, involves the issuance of 36,56,494 5% Compulsorily Convertible Debentures (CCDs) for a consideration of approximately ₹49.36 crore. This strategic move aims to diversify the company's business into the dairy and ice cream sectors.
