Joint Venture27 Jan 2026, 06:43 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 joint venture will be conducted through Bikaji Bakes Private Limited, which is currently a wholly-owned subsidiary of Bikaji Foods International Ltd. The company will hold 70% shareholding in the joint venture, making it a subsidiary. The joint venture will manufacture, trade, retail, wholesale, manage, and operate the entire frozen bakery and allied business, including brands, trademarks, and Intellectual Property(ies).
Key Highlights
- Bikaji Foods International Ltd. has approved a joint venture agreement for the frozen and bakery business.
- The joint venture will be conducted through Bikaji Bakes Private Limited, making it a subsidiary of Bikaji Foods International Ltd.
- The joint venture will manufacture, trade, retail, wholesale, manage, and operate the entire frozen bakery and allied business.
- Bikaji Foods International Ltd. will hold 70% shareholding in the joint venture.
- The joint venture will utilize an existing company, Bikaji Bakes Private Limited, for its operations.