Bikaji Foods International Limited — JV/Acquisition, 06-03-2026: Acquisition

Bikaji Foods has completed the acquisition of the remaining 48.78% equity stake in Petunt Food Processors Private Limited (PFPPL) for ₹8 Cr in cash. This move makes PFPPL, an FMCG company manufacturing sweets and namkeen, a wholly-owned subsidiary. The strategic goal is to gain full control and consolidate operations in the crucial South territory. PFPPL reported a turnover of ₹52.07 Cr for FY25, making this full integration significant for Bikaji's market presence and operational efficiency.