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Bikaji Foods International Limited is one of India's largest fast-moving consumer goods ("FMCG") brands. The company's product range includes six principal categories: bhujia, namkeen, packaged sweets, papad, western snacks as well as other snacks which primarily include gift packs (assortment), frozen food, mathri range, and cookies.
Bikaji Foods sold a 30% stake in Bikaji Bakes Private Limited (BBPL) for ₹ 30,000 to a non-promoter. BBPL, previously a wholly-owned unit, is now a subsidiary with Bikaji retaining 70%. This transaction involves a non-material entity with negligible financial contribution.
Bikaji Foods forms a 50:50 JV with C.G. Savory in Nepal, investing up to ₹15 Cr to expand its snacks and sweets business. It also incorporates a wholly-owned UAE subsidiary (up to AED 1,00,00,000 investment) to strengthen international supply chains. Additionally, 100,000 employee stock options were granted at ₹500 per...
Bikaji's board approved key growth initiatives: a $50 Lakh USD investment for a USA manufacturing plant, 74% stake acquisition in JBDSPL for ₹1.48 Lakh to boost Chhattisgarh presence, ₹5 Cr into Bikaji Bakes for bakery products, and a ₹5 Cr loan for Dadiji Snacks. Corporate guarantees totaling ₹64 Cr also...
Bikaji Foods announced Q4 & FY26 results, proposing a ₹1.25/share dividend. Strategic investments include $5M in its US subsidiary and acquiring 74% of Jai Barbareek Dev Snacks. Also approved ₹5 Cr for Bikaji Bakes and issued corporate guarantees. Board leadership changes announced.
Bikaji Foods confirmed it is not classified as a 'Large Corporate' for the recently concluded financial year. This status offers the company increased flexibility in its funding strategies, streamlining capital allocation.