Bikaji Foods Sells 30% Stake in Bikaji Bakes for ₹30,000

Bikaji Foods International Ltd has sold 30% of its equity stake in Bikaji Bakes Private Limited (BBPL), a non-material wholly-owned subsidiary, to Mr. Thayekunni Khaleel for ₹30,000. Following the sale, BBPL is no longer a wholly-owned subsidiary but remains a subsidiary of Bikaji Foods, which retains a 70% stake. The transaction was conducted on an arm's length basis, though BBPL is considered a related party. BBPL's financial contribution to Bikaji Foods was negligible, with NIL turnover and revenue, an income of ₹319.83 thousand, and a net worth of ₹(6,128.46) thousand for the financial year ended March 31, 2026.