Acquisitions2 Jul 2026, 04:15 pm
Bikaji Foods Acquires 74% Stake in Jai Barbareek Dev Snacks
AI Summary
Bikaji Foods International Ltd has completed the acquisition of 74% equity share capital in Jai Barbareek Dev Snacks Private Limited (JBDSPL). This acquisition, valued at ₹1,48,000, makes JBDSPL a subsidiary of Bikaji Foods. The move aims to accelerate business growth and enhance market presence in Chhattisgarh. JBDSPL, operating in the FMCG sector, reported a turnover of ₹19.81 Crore for the financial year ended March 31, 2025. The acquisition is considered a related party transaction post-completion.
Key Highlights
- Bikaji Foods acquired 74% stake in Jai Barbareek Dev Snacks.
- JBDSPL becomes a subsidiary of Bikaji Foods International Ltd.
- Acquisition aims to boost growth and market presence in Chhattisgarh.
- JBDSPL's FY25 turnover was ₹19.81 Crore.
- Cash consideration of ₹1,48,000 for the acquisition.
Price Impact
More from BIKAJI