Bikaji Foods Share Price in Focus; Approves 74% Stake Acquisition in Jai Barbareek Dev Snacks

Bikaji Foods International Limited has announced a series of strategic decisions aimed at expanding its business operations and strengthening its manufacturing ecosystem.  

Among the key approvals, the company has cleared the acquisition of a controlling stake in Jai Barbareek Dev Snacks Private Limited, alongside investments in its domestic and overseas subsidiaries.  

Acquisition to Strengthen Regional Presence 

The board approved the acquisition of 14,800 equity shares of Jai Barbareek Dev Snacks Private Limited (JBDSPL), representing a 74% stake in the company. Following the transaction, JBDSPL will become a subsidiary of Bikaji Foods.  

The acquisition is expected to enhance the company’s presence in Chhattisgarh while providing greater operational control over the snack manufacturer.  

The transaction will be completed through cash consideration, with Bikaji acquiring the stake for ₹1.48 lakh.  

JBDSPL reported a turnover of ₹19.81 crore in FY25 and is engaged in the manufacturing and sale of snacks and namkeen products, including contract manufacturing for Bikaji.  

Additional Investments Across Subsidiaries 

Apart from the acquisition, Bikaji approved an additional capital infusion of up to US$5 million into its wholly owned subsidiary, Bikaji Foods International USA Corp.  

The investment is intended to support the establishment of a manufacturing facility in the United States and expand the company’s international footprint.  

The board also approved an investment of ₹5 crore in wholly owned subsidiary Bikaji Bakes Private Limited through optionally convertible debentures to support its bakery products business.  

Funding and Business Expansion Initiatives 

The company further approved a loan agreement of up to ₹5 crore with contract manufacturing partner Dadiji Snacks Private Limited to meet working capital requirements.  

 In addition, Bikaji authorised a corporate guarantee of up to ₹59 crore in favour of HDFC Bank on behalf of Jai Barbareek Dev Snacks after the completion of the acquisition.  

The board also approved the reappointment of Chairman and Managing Director Deepak Agarwal and Whole-Time Director Shweta Agarwal for further three-year terms, subject to shareholder approval.  

Read More: Emami Share Price Falls Over 2% on Q4 FY26 Earnings Results: Net Profit Down 11.7% YoY! 

Bikaji Foods International Share Price Performance 

As of 22 May 2026, at 9:31 AM, Bikaji Foods International share price is trading at ₹665.15 per share, reflecting a surge of 0.11% from the previous closing price. 

Conclusion 

The acquisition of a majority stake in Jai Barbareek Dev Snacks, coupled with fresh investments in domestic and overseas subsidiaries, highlights Bikaji Foods’ continued focus on manufacturing expansion and market penetration. 

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