Bikaji Foods International Limited — JV/Acquisition, 19-06-2025: Amalgamation/Merger

Bikaji Foods International Limited has announced a merger with its wholly owned subsidiary, Vindhyawasini Sales Private Limited, aiming to streamline operations and consolidate business under one entity for better efficiency and scale. Since Bikaji already holds 100% of Vindhyawasini’s equity, no new shares will be issued, avoiding shareholder dilution. The merger effective from April 1, 2024, transfers all assets, liabilities, contracts, and pending proceedings from Vindhyawasini to Bikaji. This consolidation is expected to simplify management and operational costs going forward.