Bikaji Foods International Limited has informed the Exchange about Approval of Incorporation of Section 8 Company
BIKAJI · price
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On July 23, 2025, Bikaji Foods' board approved three items. First, incorporation of 'Bikaji Foundation' as a wholly-owned Section 8 (non-profit) subsidiary to run its CSR programs under Schedule VII of the Companies Act. Second, an unsecured loan of ₹5 crore to its wholly-owned subsidiary Bikaji Bakes Private Limited for working capital needs, repayable over up to 60 months in tranches; ₹1 crore is already outstanding as of the disclosure date. Third, a 50:50 joint venture with Nepal-based C.G. Foods Nepal Limited to manufacture, trade, and market snacks, namkeen, bhujia, papad, and packaged sweets within Nepal, with both partners having equal board representation and the JV using the 'Bikaji' and 'CG' brands.
The Nepal JV marks Bikaji's first international manufacturing foray and could open a new growth market, though contribution to near-term revenue is likely modest. The subsidiary loan and CSR foundation are routine corporate housekeeping with negligible direct impact on shareholders.