DSM Fresh Foods Forms New Subsidiary for Aquaculture; Shares Up 3%

MT Newswires Live04-28

Meat delivery company DSM Fresh Foods (BOM:544568) has incorporated a subsidiary named 'Varuna Aquatech', in which it holds a 71% stake, according to a BSE filing on Tuesday.

The new subsidiary has been formed to engage in aquaculture, fisheries, processing, trading, export, and allied activities.

The company's shares were up nearly 3% in recent trade.

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