Bikaji Foods International has received an approval for an additional investment in Hanuman Agrofood (HAPL), to be undertaken by way of acquisition of 10,000 equity shares of HAPL from its existing shareholders (representing 0.35% of the equity share capital of HAPL). Upon completion of the said acquisition, HAPL shall become a wholly owned subsidiary of the company. The Board of Directors (Board) of the company at its meeting held on January 25, 2023 has considered and approved the same.
Bikaji Foods International is the largest manufacturer of Bikaneri bhujia, packaged rasgulla, soan papdi and gulab jamun.
