Acquisitions11 Nov 2025, 05:41 pm
Bikaji Foods International Ltd Acquires Major Stake in Petunt Food Processors and Invests in Bikaji Foods International USA Corp
AI Summary
Bikaji Foods International Ltd (BFIL) has acquired a 48.78% stake in Petunt Food Processors Private Limited (PFPPL) from existing shareholders, making PFPPL a Wholly-Owned Subsidiary of BFIL. Additionally, BFIL has invested $ 5,00,000 (USD Five Lakh Only) in Bikaji Foods International USA Corp. The company has also executed Loan Agreements with PFPPL and Dadiji Snacks Private Limited. These decisions were made at a Board of Directors meeting held on November 11, 2025.
Key Highlights
- BFIL acquires 48.78% stake in Petunt Food Processors Private Limited
- Petunt Food Processors Private Limited becomes Wholly-Owned Subsidiary of BFIL
- BFIL invests $ 5,00,000 (USD Five Lakh Only) in Bikaji Foods International USA Corp
- BFIL executes Loan Agreements with Petunt Food Processors Private Limited and Dadiji Snacks Private Limited