Announced Thu, 2 Jul · 16:13 IST
Bikaji completes 74% acquisition of JBDSPL, makes it a subsidiary
BIKAJI · price
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Price reaction · full curve 14 horizons · vs prior close
+0.2%1-day move
₹654.50
prior close
₹655.00
base price
After-mkt
timing
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AI summary
Bikaji Foods has completed acquiring 74% equity (14,800 shares) in Jai Barbareek Dev Snacks Pvt Ltd (JBDSPL) for cash consideration. JBDSPL, based in Chhattisgarh, manufactures snacks and does contract manufacturing for Bikaji. Its FY25 turnover was around 19.81 crore rupees. JBDSPL is now a subsidiary of Bikaji, aimed at strengthening market presence in Chhattisgarh and gaining ownership of a manufacturing partner.
Likely market impact
Strengthens Bikaji's reach in Chhattisgarh and brings a contract manufacturing partner under ownership. Scale is small; main benefit is regional expansion and supply chain control.