Bikaji Foods International Ltd

Bikaji Foods International Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in effect from October 1, 2026, and will remain open 48 hours after the declaration of the Unaudited Standalone and Consolidated Financial Results for the quarter and half-year ending September 30, 2026. The specific date for the Board Meeting to approve these results will be communicated later. The company will also host this intimation on its website.

Bikaji Foods International Limited has announced a strategic partnership with Mr. Thayekunni Khaleel, a renowned bakery industry expert, through its subsidiary Bikaji Bakes Private Limited (BBPL). Bikaji Foods has transferred a 30% equity stake in BBPL to Mr. Khaleel, retaining a 70% majority stake, ensuring BBPL remains a subsidiary. This collaboration aims to leverage Mr. Khaleel's technical expertise and global experience with Bikaji's market understanding, distribution network, and retail presence to drive growth in the Indian bakery sector. The partnership is expected to introduce world-class bakery practices and innovation to India, building a scalable and differentiated bakery business.

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.

Bikaji Foods International Ltd announced that its shareholders, at the 31st Annual General Meeting held on August 20, 2026, approved the re-appointment of several key directors. Mr. Deepak Agarwal has been re-appointed as Chairman and Managing Director for a three-year term from February 1, 2027, to January 31, 2030. Mrs. Shweta Agarwal was re-appointed as an Executive Director for the same period. Additionally, Mr. Nikhil Kishorchandra Vora, Mr. Pulkit Anilkumar Bachhawat, Mrs. Richa Manoj Goyal, and Mr. Siraj Azmat Chaudhry were re-appointed as Non-Executive and Independent Directors for terms of five years each, commencing between August 2026 and December 2026. The company confirmed that all re-appointed directors are compliant with SEBI regulations and have not been debarred from holding office.

Bikaji Foods International Ltd. announced its Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company reported a robust performance with revenue from operations growing by 12.5% year-on-year to INR 7,343 million, driven by healthy volume growth of 7.7%. Despite elevated input costs, EBITDA stood at INR 990 million with a 13.5% margin, and Profit After Tax (PAT) was INR 595 million with an 8.1% margin. The Ethnic Snacks category contributed 75.7% to revenue, growing 11.4% YoY, while Western Snacks saw a significant 21.3% YoY increase. The company also expanded its direct coverage to approximately 3.7 lakh outlets. Management expressed confidence in sustaining profitable growth.

Bikaji Foods International Ltd announced a significant expansion and diversification strategy following a Board of Directors meeting on August 5, 2026. The company has entered into a Joint Venture cum Shareholders Agreement with Nepal-based C.G. Savory Corp Private Limited to form 'C.G. Bikaji Private Limited'. This JV will focus on manufacturing, trading, and marketing snacks, namkeen, bhujia, papad, and packaged sweets within Nepal, with both parties holding a 50:50 stake. Bikaji Foods will invest up to ₹15,00,00,000 in this venture. Additionally, the company approved the incorporation of a Wholly-Owned Subsidiary in Abu Dhabi, UAE, and the grant of 1,00,000 stock options to eligible employees under its ESOP scheme.

Bikaji Foods International Ltd has entered into a Joint Venture cum Shareholders Agreement with Nepal-based C.G. Savory Corp Private Limited to form C.G. Bikaji Private Limited. This JV will focus on manufacturing, trading, and marketing snacks, namkeen, bhujia, papad, and packaged sweets within Nepal with a 50:50 stake. Bikaji Foods will invest up to ₹15,00,00,000 in this venture. Additionally, the company approved the incorporation of a Wholly-Owned Subsidiary in Abu Dhabi, UAE, and the grant of 1,00,000 stock options to eligible employees under its ESOP scheme.

Bikaji Foods International Ltd announced board approval for a significant investment of up to ₹15 crore in C.G. Bikaji Private Limited, a new joint venture company in Nepal. This JV, formed with Nepal's C.G. Savory Corp Private Limited, aims to manufacture, trade, and market snacks, namkeen, bhujia, papad, and packaged sweets within Nepal. The company also approved the incorporation of a wholly-owned subsidiary in Abu Dhabi, UAE, and the grant of 1,00,000 stock options to employees under its ESOP scheme at an exercise price of ₹500 per option.

Bikaji Foods International Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors approved the financial results and took note of the limited review report. Additionally, the company approved an investment of up to ₹15 crore in its Nepal joint venture, C.G. Bikaji Private Limited, and the incorporation of a wholly-owned subsidiary in Abu Dhabi, UAE. The company also approved the grant of 1,00,000 stock options to eligible employees under its ESOP Scheme 2021. The trading window for designated persons will open from August 8, 2026.

Bikaji Foods International Ltd announced its Board of Directors has approved the incorporation of a wholly-owned subsidiary in Abu Dhabi, United Arab Emirates. This strategic move is part of the company's broader expansion plans. The Board also approved an investment of ₹15,00,00,000 in C.G. Bikaji Private Limited, a Joint Venture Company in Nepal, and took note of the Joint Venture cum Shareholders Agreement with C.G. Savory Corp Private Limited. Additionally, 1,00,000 stock options were approved for eligible employees under the Bikaji Employees Stock Option Scheme 2021.