Bikaji Foods International Limited — JV/Acquisition, 21-05-2026: Acquisition

Bikaji Foods has acquired a 74% stake in Jai Barbareek Dev Snacks Private Limited (JBDSPL) for ₹0.0148 Cr. This strategic move aims to boost market presence and accelerate growth in Chhattisgarh. JBDSPL, which already manufactures snacks for Bikaji, will now operate as a subsidiary, enhancing operational control and supply chain integration. The acquisition aligns with Bikaji's core business, with JBDSPL reporting a turnover of ₹19.81 Cr in FY25. Bikaji will also issue a ₹59 Cr corporate guarantee for JBDSPL's bank facilities.