Bikaji Foods International Limited — JV/Acquisition, 11-11-2025: Acquisition

Bikaji Foods is making a strategic move to fully acquire Petunt Food Processors Private Limited (PFPPL) for ₹ 8 Cr. This deal involves purchasing the remaining 48.78% stake, making PFPPL a 100% Wholly-Owned Subsidiary. PFPPL, an FMCG company specializing in sweets and namkeen with ₹ 52.07 Cr turnover in FY25, is key to Bikaji's South India operations. This full acquisition aims to consolidate control and drive growth, simplifying management and boosting efficiency in an integral part of their business.