Bikaji Foods International Limited — JV/Acquisition, 21-11-2024: Acquisition

Bikaji Foods International Limited is extending its investment in Bikaji Foods International USA Corp, its wholly-owned subsidiary, by up to $5,00,000 to acquire an additional 50,000 common stocks at $10 each. This move aims to enhance the distribution network and overall business presence in the U.S. market. The extended timeline for this investment now allows for an additional 3 months for completion, maintaining 100% ownership in Bikaji USA. This strategic investment aligns with Bikaji's core business within the fast-moving consumer goods sector, further strengthening its operational footprint abroad.