Bikaji Foods International Limited has completed the acquisition of 74% equity stake in Jai Barbareek Dev Snacks Private Limited (JBDSPL), effective July 2, 2026. Bikaji Foods acquired 14,800 equity shares of Rs 10 each from existing shareholders for a cash consideration of Rs 1,48,000.
JBDSPL has become a subsidiary of Bikaji Foods with effect from July 2, 2026. JBDSPL was incorporated on May 20, 2022 and manufactures and sells snacks and namkeen items from its facility in Durg, Chhattisgarh. JBDSPL undertakes contract manufacturing for Bikaji Foods.
JBDSPL reported a turnover of Rs 19.81 crore for the financial year ended March 31, 2025, compared with Rs 0.04 crore in FY2024. JBDSPL had not commenced business in FY2023.
JBDSPL has an authorised share capital of Rs 10,00,000 consisting of 1,00,000 equity shares of Rs 10 each. The paid-up share capital stands at Rs 2,00,000 comprising 20,000 equity shares of Rs 10 each.
The board of directors of Bikaji Foods approved the acquisition on May 21, 2026. The transaction was completed through cash consideration on July 2, 2026.
The acquisition is aimed at expanding Bikaji Foods' reach in Chhattisgarh and ensuring wider customer accessibility in the region. Bikaji Foods will have ownership and control over the operations of JBDSPL. JBDSPL belongs to the FMCG industry, and its business falls within Bikaji Foods' main line of business.
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