Bikaji Foods International Limited — JV/Acquisition, 27-01-2026: Acquisition

Bikaji Foods is making strategic moves to expand its footprint. The company is entering a joint venture with Bakemart founder Mr. Thayekunni Khaleel for the frozen and bakery business in India through Bikaji Bakes Private Limited, where Bikaji Foods will hold a 70% stake. Further, it will invest ₹50 Cr in its wholly-owned subsidiary, Bikaji Foods Retail, to diversify into QSRs and food catering. Bikaji Foods also plans a ₹25 Cr investment in Jai Barbareek Dev Snacks via Optionally Convertible Debentures, supporting a key contract manufacturer and securing its supply chain. These investments aim for product portfolio enhancement and market diversification.