Bikaji Foods expands holdings, fully acquires subsidiary, strengthens international presence
Bikaji Foods International announced a series of strategic moves on November 11, 2025, including an additional investment of 35,98,998 equity shares in Petunt Food Processors Private Limited (PFPPL). This acquisition, valued at ₹8,00,00,000, increases Bikaji’s stake to 100%, making PFPPL a wholly-owned subsidiary. PFPPL, an FMCG company specializing in food products, reported a turnover of ₹52.07 Crore in FY2024-25.
In a move to strengthen its international presence, Bikaji Foods also approved an additional investment of $500,000 in Bikaji Foods International USA Corp, a wholly-owned subsidiary established in July 2023. This investment is for 50,000 common stocks, maintaining Bikaji's 100% shareholding in the US entity.
Further bolstering its operational capacity, Bikaji Foods entered into loan agreements totaling ₹6,50,00,000. This includes a ₹4,00,00,000 unsecured loan to PFPPL for working capital and a ₹2,50,00,000 unsecured loan to Dadiji Snacks Private Limited, a contract manufacturing unit, to cover fire incident expenditures. The loans are extended at an 8% annual interest rate.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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