Subsidiary2 Dec 2025, 04:29 pm
Bikaji Foods Makes Additional Subscription in US Wholly-Owned Subsidiary
AI Summary
Bikaji Foods International Ltd has made an additional subscription of 25,000 Common Stocks of $10 each, amounting to $2,50,000 in its Wholly-Owned Subsidiary, Bikaji Foods International USA Corp. This move is aimed at strengthening its distribution network in the USA and ensuring wider reach and improved customer accessibility. The additional subscription does not change the Company's shareholding percentage in Bikaji USA.
Key Highlights
- Bikaji Foods makes additional subscription in its US-based Wholly-Owned Subsidiary.
- The move is aimed at strengthening the distribution network in the USA and improving customer accessibility.
- The additional subscription does not change the Company's shareholding percentage in Bikaji USA.
- Bikaji USA is a Wholly-Owned Subsidiary of Bikaji Foods International Ltd, incorporated in New Jersey, USA.
- Bikaji USA operates in the Fast-Moving Consumer Goods (FMCG) Industry.