Bikaji Foods International Limited — JV/Acquisition, 15-05-2025: Acquisition

Bikaji Foods International has announced a board meeting to approve investments totaling ₹35 Cr aimed at expanding and strengthening its foodservice footprint. It plans to inject ₹15 Cr into its subsidiary Bikaji Foods Retail Limited to grow cafes, QSRs, and catering services, while ₹20 Cr will go into Jai Barbareek Dev Snacks Pvt Ltd via optionally convertible debentures to bolster debt repayment and support snack manufacturing growth. The company will also exit its 51% stake in loss-making Bikaji Mega Food Park Pvt Ltd, with minimal impact on overall financials.