Bikaji Foods International Ltd

Bikaji Foods International Ltd has completed the acquisition of 74% equity share capital in Jai Barbareek Dev Snacks Private Limited (JBDSPL). This acquisition, valued at ₹1,48,000, makes JBDSPL a subsidiary of Bikaji Foods. The move aims to accelerate business growth and enhance market presence in Chhattisgarh. JBDSPL, operating in the FMCG sector, reported a turnover of ₹19.81 Crore for the financial year ended March 31, 2025. The acquisition is considered a related party transaction post-completion.

Bikaji Foods International Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in compliance with SEBI's PIT Regulations and the company's internal code for prevention of insider trading. The window will remain shut from July 1, 2026, until 48 hours after the declaration of the Unaudited Standalone and Consolidated Financial Results for the quarter ending June 30, 2026. The exact date of the board meeting to approve these results will be communicated later. The company will also host this intimation on its website.

Bikaji Foods International Ltd has approved the issuance of corporate guarantees in favor of HDFC Bank Limited on behalf of Jai Barbareek Dev Snacks Private Limited, a subsidiary, up to ₹59 Crore, and Bhujialalji Private Limited, an associate, up to ₹5 Crore. The board also approved additional investment in Bikaji Foods International USA Corp, a wholly-owned subsidiary, up to $5 million, and investment in Jai Barbareek Dev Snacks Private Limited by acquiring 74% equity share capital. Additionally, they approved investment in Bikaji Bakes Private Limited up to ₹5 Crore and a loan agreement with Dadiji Snacks Private Limited up to ₹5 Crore.

Bikaji Foods International Ltd reported robust Q4FY26 results with a 39.8% YoY increase in Profit After Tax (PAT) to ₹560 million and an 18.0% rise in revenue to ₹7,209 million. Volume growth stood at 16.1% YoY. For FY26, revenue from operations increased by 14.4% YoY to ₹29,939 million. EBITDA margin for FY26 was 13.7%. The company experienced growth across all business segments, including Ethnic Snacks, Packaged Sweets, Western Snacks, and Papad, driven by sustained demand, market expansion, and improving traction across alternate channels.

The Board of Directors of Bikaji Foods International Ltd has approved the re-appointment of several directors, including Deepak Agarwal as Chairman and Managing Director, and Shweta Agarwal as Whole-Time Director, each for a further term of 3 years. Additionally, Nikhil Kishorchandra Vora, Pulkit Anilkumar Bachhawat, Richa Manoj Goyal, and Siraj Azmat Chaudhry were re-appointed as Non-Executive and Independent Directors for a second term of 5 years. The board also approved investments in Bikaji Foods International USA Corp, Jai Barbareek Dev Snacks Private Limited, and Bikaji Bakes Private Limited, along with a loan agreement with Dadiji Snacks Private Limited and corporate guarantees for Jai Barbareek Dev Snacks Private Limited and Bhujialalji Private Limited.

Bikaji Foods International Ltd. has designated Sameer Bhadauria, Amrit Chaudhary, and Simran Dhingra as Senior Management Personnel, effective May 21, 2026. This decision was made during a Board of Directors meeting where other key resolutions were passed, including the re-appointment of several directors and approvals for investments in subsidiaries and a contract manufacturing unit.

Bikaji Foods International Ltd has approved an additional investment of up to $5 million in its wholly-owned subsidiary, Bikaji Foods International USA Corp. The board also approved investments in Jai Barbareek Dev Snacks Private Limited (JBDSPL) by acquiring 74% equity and in Bikaji Bakes Private Limited up to ₹5 Crore via Optionally Convertible Debentures. Additionally, a loan agreement of up to ₹5 Crore with Dadiji Snacks Private Limited was approved, along with corporate guarantees for JBDSPL (₹59 Crore) and Bhujialalji Private Limited (₹5 Crore). The board also recommended the re-appointment of several directors and designated new Senior Management Personnel.

Bikaji Foods International Ltd has approved an investment in Jai Barbareek Dev Snacks Private Limited (JBDSPL) by acquiring 14,800 equity shares, representing 74% of JBDSPL's equity share capital. The board also approved additional investment in Bikaji Foods International USA Corp up to $5,000,000 and in Bikaji Bakes Private Limited up to ₹5,00,00,000. Furthermore, they approved a loan agreement with Dadiji Snacks Private Limited up to ₹5,00,00,000 and corporate guarantees for Jai Barbareek Dev Snacks Private Limited (₹59,00,00,000) and Bhujialalji Private Limited (₹5,00,00,000). The board also recommended the re-appointment of several directors and designated new Senior Management Personnel.

Bikaji Foods International Ltd has approved an investment of up to ₹5 crore in its wholly-owned subsidiary, Bikaji Bakes Private Limited, through the subscription of 50,00,000 Optionally Convertible Debentures (OCDs). This decision was made during the Board of Directors meeting held on May 21, 2026, where several other key resolutions were passed, including director re-appointments, designation of senior management personnel, and investments in other subsidiaries and associates.

Bikaji Foods International Ltd has approved the execution of a Loan Agreement with Dadiji Snacks Private Limited, its Contract Manufacturing Unit (CMU), for up to ₹5,00,00,000. This decision was made during a Board of Directors meeting held on May 21, 2026, where several other key resolutions were passed, including director re-appointments, investments in subsidiaries, and corporate guarantees.