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Bikaji Foods International completes acquisition of 74% stake in JBDSPL

02 Jul 2026 Evaluate

Bikaji Foods International has completed the acquisition of 74% of the equity share capital of Jai Barbareek Dev Snacks (JBDSPL). Consequently, JBDSPL has become a Subsidiary of the Company with effect from July 02, 2026. Cost of acquisition is Rs 1.48 lakh. 

Objective of acquisition is to accelerate business growth and enhance market presence in Chhattisgarh, thereby ensuring wider reach and improved customer accessibility and to have ownership and control over the operations of JBDSPL.

Bikaji Foods International is one of India's largest fast-moving consumer goods (FMCG) brands.

Peers
Company Name CMP
Nestle India 1372.00
Varun Beverages 416.00
Britannia Industries 4990.00
LT Foods 421.80
Hatsun Agro Product 1182.70
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