BF Utilities acquires Avichal Resources

To strengthen its wind farm asserts

BF Utilities has acquired 100% shareholding in Avichal Resources (Avichal). With this acquisition, Avichal has become a wholly owned subsidiary of the Company.

Avichal is the owner of land required for the Company's existing Wind Farm located at Dist- Satara. With the acquisition of Avichal, the Company has strengthened these Wind Farm assets.

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