Joint Venture27 Jan 2026, 06:31 pm
Bikaji Foods International Ltd. Approves Joint Venture for Frozen and Bakery Business
AI Summary
Bikaji Foods International Ltd. has approved a joint venture agreement with Mr. Deepak Agarwal and Mr. Thayekunni Khaleel to undertake the frozen and bakery business in India. The company will hold 70% shareholding in Bikaji Bakes Private Limited, which will manufacture, trade, retail, wholesale, manage, and operate the entire frozen bakery and allied business. This move is expected to help the company achieve its shared business objectives through collaborative efforts.
Key Highlights
- Bikaji Foods International Ltd. has approved a joint venture agreement for the frozen and bakery business.
- The company will hold 70% shareholding in Bikaji Bakes Private Limited.
- The joint venture aims to manufacture, trade, retail, wholesale, manage, and operate the entire frozen bakery and allied business.
- This move is expected to help the company achieve its shared business objectives through collaborative efforts.
- The joint venture will enable the parties to synergize their combined experience and expertise.