Bikaji Foods International Limited — Important, 23-07-2025: Memorandum of Understanding/Agreements

Bikaji Foods' board approved key strategic moves. They will incorporate a new wholly-owned subsidiary, "BIKAJI FOUNDATION," a non-profit organization for CSR initiatives. The company also approved a ₹5 Cr unsecured loan to its wholly-owned subsidiary, Bikaji Bakes Private Limited, to support its working capital. Furthermore, Bikaji Foods entered a 50:50 Joint Venture with C. G. Foods Nepal Limited. This JV will establish a new company in Nepal to manufacture, trade, and market snacks, namkeen, bhujia, papad, and packaged sweets, expanding Bikaji's regional footprint.