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Bikaji Foods International acquires 51% stake in Bikaji Mega Food Park

10 Aug 2023 Evaluate

Bikaji Foods International has acquired a stake of 51% in Bikaji Mega Food Park (BMFPPL) on August 10, 2023. Subsequent to the acquisition, the BMFPPL has become a subsidiary of the company. The reason behind the acquisition is marketing and branding of the ‘Bikaji’ Brand which will help in expansion of business. 

Bikaji Foods International is the largest manufacturer of Bikaneri bhujia, packaged rasgulla, soan papdi and gulab jamun.


Peers
Company Name CMP
Nestle India 1321.05
Varun Beverages 440.65
Britannia Industries 4783.80
LT Foods 417.85
Hatsun Agro Product 1147.50
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