Bikaji Foods International (BFIL) has received approval from Board of Directors for further investment in Bikaji Foods Retail (BFRL), Wholly Owned Subsidiary, upto Rs 15 crore. BFRL is dedicated to present a significant strategic opportunity to achieve the objective of diversification, by pursuing the new business ventures specifically in the areas of cafe, quickservice 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. BFIL shareholding in BFRL post this subscription will remain same at 100%, as BFRL is already a Wholly Owned Subsidiary of BFIL.
Further, the company has also received approval for investment in Jai Barbareek Dev Snacks upto Rs 20 crore in the form of 2 crore Optionally Convertible Debentures.
The company has received approval for divestment in Bikaji Mega Food Park, a Non-Material Subsidiary, by selling off the entire equity stake of 51%, thereby ceased to be Subsidiary of the Company. The Board of Directors of the Company at their meeting held on May 15, 2025 considered and approved the same.
Bikaji Foods International is the largest manufacturer of Bikaneri bhujia, packaged rasgulla, soan papdi and gulab jamun.
