Bikaji Foods International Limited — Updates, 23-07-2025: Incorporation
23-07-2025 | 06:44 pm
23-07-2025 | 06:44 pm
Bikaji Foods' board has approved key strategic moves. The company will incorporate "BIKAJI FOUNDATION," a wholly-owned non-profit subsidiary for CSR initiatives. It also approved a ₹5 Cr unsecured loan to its wholly-owned subsidiary, Bikaji Bakes Private Limited, for working capital, with ₹1 Cr already outstanding. Additionally, the company is forming a 50:50 joint venture with C. G. Foods Nepal Limited to expand into Nepal's snacks, namkeen, and sweets market, leveraging both brands. This JV aims to synergize expertise for manufacturing, trading, and marketing in Nepal. These actions support social responsibility and business expansion.
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