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Bikaji Foods International Limited is extending its investment in its wholly-owned subsidiary, Bikaji Foods International USA Corp, by up to $5,00,000 for an additional 50,000 shares at $10 each. This allows the company to maintain a 100% stake in Bikaji USA, which targets better expansion and strengthens its distribution network in the U.S. With a current turnover of approximately $11 Cr for the fiscal year ending March 2024, this investment aligns with Bikaji’s core FMCG operations, enhancing potential operational efficiencies and market reach for shareholders.