Bikaji Foods International Limited has informed the Exchange regarding Demise of Mr Shiv Ratan Agarwal, Chairman and Whole - Time Director of the company on April 23, 2026.
BIKAJI · price
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Bikaji Foods International has announced the death of its Founder, Promoter, Chairman and Whole-Time Director, Mr Shiv Ratan Agarwal, on April 23, 2026. Agarwal was instrumental in building the Bikaji brand from a traditional Bikaneri snacks business into an internationally recognized name. He had been guiding the company since its inception, contributing his strategic acumen and leadership. The company has expressed deep sorrow and committed to continuing his vision and maintaining the brand's goodwill. Under Regulation 31A(6)(c), he will cease to be a Promoter/Promoter Group member of the company following his demise.
The sudden passing of the founder and chairman creates leadership uncertainty. As a key managerial person and controlling shareholder, this event may trigger near-term stock volatility until a successor is appointed to steer the company forward.