Bikaji Foods International Limited — JV/Acquisition, 24-02-2025: Acquisition

Bikaji Foods International Limited has made an additional subscription of 10,000 common stocks worth $1,00,000 in its wholly-owned subsidiary, Bikaji Foods International USA Corp, maintaining its 100% ownership stake. This move aims to enhance the company's distribution network in the USA, aligning with its existing FMCG operations. With an authorized capital of $15,00,000, Bikaji USA reported a turnover of $10,96,593 for the financial year ended March 31, 2024. This investment is expected to bolster market presence and operational synergy in the North American market.