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Bikaji Foods International incorporates wholly owned subsidiary

21 Sep 2024 Evaluate

Bikaji Foods International has incorporated wholly owned subsidiary (WOS) of the company in the name and style of ‘Bikaji Foods Retail’. The Ministry of Corporate Affairs (MCA) has approved the incorporation of WOS of the Company on September 20, 2024.

Bikaji Foods Retail will be dedicated to present a significant strategic opportunity to achieve the objective of diversification, by pursuing the new business ventures specifically in the areas of café, quick service restaurants (QSRs), restaurants, tavern, food catering services, snacks catering services, ice cream catering services, food chain, travel catering, kiosk, mobile food station, canteens, opening outlets, etc. and investment thereto.

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


Peers
Company Name CMP
Nestle India 1180.60
Varun Beverages 409.15
Britannia Industries 4652.00
LT Foods 378.55
Hatsun Agro Product 1011.30
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