Som Distilleries in a MoU with Indian Fashion FZE for export of its beers and IMFL

"Through this MOU, we expect a substantial increase in our export turnover in the current financial year," SOM Distilleries added.

Jun 08, 2021 04:06 IST India Infoline News Service

Som Distilleries & Breweries announced on Tuesday that the company has signed a memorandum of understanding (MoU) with Indian Fashion FZE, based out of UAE. The deal involves the export of the company's Beer and IMFL for West and Central Africa.

In its regulatory filing, SOM said, "we have signed an MOU with Indian Fashion FZE, based out of UAE for export of our Beer and IMFL for West and Central Africa."

"Through this MOU, we expect a substantial increase in our export turnover in the current financial year," SOM added.

On Sensex, SOM finished at Rs48.10 per piece down by 0.9%.

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