Additional Investment in Bikaji Foods International USA Corp, Wholly-Owned Subsidiary of the Company
BIKAJI · price
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Bikaji Foods International's Board has approved investing up to $50 lakh (approximately ₹4.25 crore) in its US subsidiary, Bikaji Foods International USA Corp, to set up a manufacturing plant in America. The subsidiary currently operates as a trading entity with FY2025-26 revenue of $26.2 lakh. This is one of several investments announced at the May 21, 2026 board meeting. The company is also acquiring a 74% stake in Jai Barbareek Dev Snacks Private Limited (a Chhattisgarh-based contract manufacturer with ₹19.81 crore revenue), investing ₹5 crore in its wholly-owned bakery subsidiary Bikaji Bakes, providing a ₹5 crore loan to its contract manufacturer Dadiji Snacks, and issuing corporate guarantees of ₹64 crore total for subsidiary and associate companies.
The US manufacturing investment signals expansion into overseas production, which could improve margins on American sales but will increase near-term capital outflows. The acquisitions and guarantees expand the company's control over its supply chain and add contingent liabilities.