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

Bikaji Foods is acquiring a 74% stake in Jai Barbareek Dev Snacks Private Limited (JBDSPL) for ₹0.0148 Cr. This move aims to boost market presence in Chhattisgarh, gain full control over operations, and strengthen its supply chain, as JBDSPL already acts as a contract manufacturer. JBDSPL reported ₹19.81 Cr turnover in FY25. Bikaji will also issue a significant corporate guarantee of ₹59 Cr for JBDSPL's bank facilities, increasing its contingent liabilities.